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MRKT Call: Just Another Bear Market Rally?

RiskReversal Pod

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Home Depot Down Six Percent Today

Home depot down six percent today guy and this is big move that's a huge single day move in this stock what was your takeaway from the guidance you know that they missed on revenues the guidance was it was a bit downbeat here big move through its 200-day moving average. The housing trade come up sometimes that's good for a home depot right when rates go higher it doesn't seem to be a great time for it right now well it's good in so much  the concern with home depot for years was valuation but nobody gave a shit because valuations didn't matter when valuations started to matter again.

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