too bad this stock decided to not get more done in Q3& Q4 2020. Although $1,400 might be a sweet down payment on a set of new kitchen cabinets & appliances. The well-to-do cohort who are getting stimulus money + near-6-figure salaries are upgrading their homes; they re-financed at 2.75%, rolling in home equity and probably shorting meme stonks as we speak. Fact remains, when you remodel, it's never ending unless you sell that turd and buy a new ultra modern.
Eyeing the Aug 20 300,00 calls & picking up shares when the S&P throws a taper tantrum. HD was weak after last earnings, anticipating lackluster results next go-round as well. But cheer up buttercup. Parking lots are full at HD vs near-empty at Lowes in my town. I'm in this store quite often. I do my channel checks, that said, traffic doesn't necessarily mean business will be rip-roaring; lumber prices are a racket at the moment. HD's margins are in their kitchen & flooring departments...
Eyeing the Aug 20 300,00 calls & picking up shares when the S&P throws a taper tantrum. HD was weak after last earnings, anticipating lackluster results next go-round as well. But cheer up buttercup. Parking lots are full at HD vs near-empty at Lowes in my town. I'm in this store quite often. I do my channel checks, that said, traffic doesn't necessarily mean business will be rip-roaring; lumber prices are a racket at the moment. HD's margins are in their kitchen & flooring departments...