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CNBC host Jim Cramer posted “OMG Interest rates can fall, too!!” on X on Oct. 6. His statement coincides with CME FedWatch Tool data showing a 21.6% probability of a Federal Reserve interest rate hike at the upcoming Oct. 28 meeting. However, futures traders currently price in a 78.4% probability that the central bank
U.S. stock futures trend lower Tuesday as traders weigh heightened Middle East geopolitical risks, rising bond yields, and a heavy slate of earnings and economic data.
HD XHB Total U.S. mortgage applications increased 1.9% last week. That's odd given mortgage rates recently hit their highest levels in almost a year. Our play on a rebound in the housing market is Home Depot. That hasn't quite panned out yet, with shares down over 3% year to date. We trimmed some last week as the stock
PHM HD Barclays upped its PT on PulteGroup to $123 from $112 ahead of earnings. It's not much of a raise, given that the stock closed around its new target yesterday. Analysts said that "sluggish trends leave minimal catalysts" for homebuilders like this one. For housing-exposed names, we own Home Depot. This stock has
Jim Cramer shares his thoughts on Home Depot's stock performance