Daily Market Update
with JJ Kinahan

5 min read

Market Seems Poised for a Bounce After Home Depot Earnings, Trade News

(Tuesday Market Open) There’s that old Wall Street mantra: “Buy low; sell high.” Well, the only way to do that is if the market goes down and up again, and over the last few weeks we’ve had plenty of that. It’s the “glass-half-full” way of looking at volatility—fluctuating prices can give investors opportunities to enter and exit the market at a price they may be looking for. 

This morning, momentum seems to have swung into positive territory after yesterday’s rout, as one of the nation’s large retailers reported better-than-expected earnings and a report said that China and the United States have re-started trade talks. 

In corporate earnings news, Home Depot (HD) nailed it. The home improvement retailer said it earned $2.51 per share on revenue of $26.3 billion. ForQ3, HD was expected to report adjusted EPS of $2.26 on revenue of $26.26 billion, according to third-party consensus analyst estimates. After rising in pre-market trading, the Dow Jones Industrial Average ($DJI) component’s shares sank after comments from the company’s CEO on tariffs.

Home Depot is just one of several retailers reporting in the next few days. In addition to watching the h

Read article
TD Ameritrade Network Logo

Don't just watch the news. Use it.

Tune in to TD Ameritrade Network

TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc., member FINRA/SIPC are separate but affiliated subsidiaries of TD Ameritrade Holding Corporation. © 2018 TD Ameritrade.
Featured Video

Market On Close: Shifting Market Landscape and Volatility

5:23
WATCH NOW

Market On Close: Shifting Market Landscape and Volatility

5:23
WATCH NOW
TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc. are separate but affiliated subsidiaries of TD Ameritrade Holding Corporation. © 2018 TD Ameritrade Network. All rights reserved. Used with permission.

Daily Market Update

Previous Daily Market Update articles

Risk-Off Redux: Volatility Storms Back onto the Scene in Stock, Oil Rout November 12, 2018 5:00 PM   |  

After a 2% rally last week, stocks got off on a very different foot Monday. The tech and financial sectors helped lead the way lower amid geopolitical concerns and tech demand worries. A stronger dollar could be a sign that some investors are adopting more of a “risk-off” stance.

5 min read  |  Daily Market Update
Dollar, Crude, Retail Earnings Take Spotlight As New Week Gets Underway November 12, 2018 9:20 AM   |  

A recent slide in oil prices and disappointing news out of China seems to have underscored fears about global economic growth, even as investors appear to worry about the Fed’s reaction to inflation in the United States.

5 min read  |  Daily Market Update
Wintry Feel: Hawkish Fed, Rising Producer Prices Give Market a Chill November 9, 2018 9:30 AM   |  

The market starts Friday with pressure expected, in part due to the Fed’s expectations of more rate hikes and from a wholesale inflation report that showed prices climbing more than analysts had expected.

5 min read  |  Daily Market Update
Static Fed: No Hike, But Rise Likely Ahead Even As Business Investment Slows November 8, 2018 3:30 PM   |  

As widely expected, the Fed left rates unchanged at its November meeting, setting up what looks like strong odds for a final hike next month. Its statement cited continued economic strength, but observed that business fixed investment seems to be moderating.

5 min read  |  Daily Market Update

Featured Video

Webcasts for investors of all kinds.

Explore upcoming webcasts covering a wide range of topics including current market conditions.

Call Us
800-454-9272
adChoicesAdChoices

Market volatility, volume, and system availability may delay account access and trade executions.

Past performance of a security or strategy does not guarantee future results or success.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.

The information is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2018 TD Ameritrade.

Scroll to Top