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Home Depot 1Q Net Rises 27%; Raises Year View – Wall Street Journal

Home Depot 1Q Net Rises 27%; Raises Year View
Wall Street Journal
Home Depot Inc.'s (HD) fiscal first-quarter earnings rose 27%, thanks in part to a debt-extinguishment gain, as sales in its US stores continued to rise and margins improved. The nation's largest home-improvement retailer has steadily improved its
Warmer weather pushes Home Depot 1Q profit upThe Associated Press


Home Depot Q1 Profit Climbs; Revises FY12 Forecast – Quick FactsNASDAQ

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Skating on Thin Ice, Keep Life Preservers Handy

We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.

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These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

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