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Ca$htag$: HD Faces Tough Backdrop as LOW Shows Relative Strength
LikeFolio's Andy Swan breaks down the tough setup for Home Depot (HD) amid a weak housing market and slowing contractor demand. He highlights stronger relative positioning for Lowe’s (LOW) as DIY trends hold up. He says expectations for HD may be low enough for a potential bounce, but risks remain tied to rates and consumer spending.
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By Schwab NetworkLikeFolio's Andy Swan breaks down the tough setup for Home Depot (HD) amid a weak housing market and slowing contractor demand. He highlights stronger relative positioning for Lowe’s (LOW) as DIY trends hold up. He says expectations for HD may be low enough for a potential bounce, but risks remain tied to rates and consumer spending.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about