Reply #93: 1:42 EST falled harder

[UpInArms]

Dow 11,257.08 -13.21 (-0.12%)
Nasdaq 2,303.11 +2.96 (+0.13%)
S&P 500 1,300.43 -1.24 (-0.10%)
10-Yr Bond 4.663 -0.76 (-1.60%)

NYSE Volume 1,536,623,000
Nasdaq Volume 1,271,145,000

1:30 pm : The Dow and S&P have fully erased today's gains. Within the blue chip average, 13 of the 30 components are trending lower. Of them, Home Depot (HD 42.95 -0.86) is suffering the most selling. The stock appears to be facing some profit-taking. Yesterday, the better than expected existing home sales report helped related industries advance, and Home Depot was a standout in the home improvement space. On a related note, the homebuilding industry has lost its momentum. It was on the rise earlier, despite the softer than expected read on new home sales, but has since fallen to the flat line. Along with that data, an analyst downgrade on HD today has given traders a reason to lock in some of the stock's profits. Over the last month, shares have risen more than 10%.DJ30 -3.93 NASDAQ +5.47 SP500 +0.30 NASDAQ Dec/Adv/Vol 1312/1577/1.23 bln NYSE Dec/Adv/Vol 1516/1639/902.8 mln

Iffin Home Depoe is "suffering", shud it be put out of its mesery?