Sell HomeDepot at 295$ to 270$ price targetOpen SHORT position at HD for +10% gain of drop 295$ to 270$.
Reasons - rates US 30 T is 1.8% and ifliation risks acure, it will demolish all benefits for homebuilders and customers whom will spend thier new income for travel and leasure not for building and fixing. It will lagging 2-3 month until in will be obveous, hard to anylise particular time when banks and porfolio managers makes this clear for all, but 2-3 month not so long time to start creat position right now.
Look to my previous ideas. It's high rate analysis.
Don't buy for whole amount, just 10% is ok.
Make your own research and create own opinion.