Sept. 24 (Bloomberg) -- Lowe's Cos., the second-largest U.S. home-improvement retailer, said earnings this year may be below its prior forecast because a drought slowed sales of outdoor equipment and garden products.
I'm trying to find some good news, but it's only coming from analyst upgrades, not anything tangible. Caution is warranted for bulls. If short from today's highs, look at weekly pivots for YM or ES to lock in profits (whichever comes first).
Halo 3 after the close could be a big hit, watch the numbers tomorrow. Other than that, we have some heavy economic news tomorrow, including consumer confidence and existing home sales.
I'm trying to find some good news, but it's only coming from analyst upgrades, not anything tangible. Caution is warranted for bulls. If short from today's highs, look at weekly pivots for YM or ES to lock in profits (whichever comes first).
Halo 3 after the close could be a big hit, watch the numbers tomorrow. Other than that, we have some heavy economic news tomorrow, including consumer confidence and existing home sales.
This entry was posted
on Monday, September 24, 2007 at 9/24/2007 06:24:00 PM.
You can skip to the end and leave a response.
» Post a Comment