Volume Spike Investor

The Home Depot, inc. (NYSE: HD) managed to do better than rival Lowe’s Companies (NYSE: LOW).  The earnings were down 7% on lower sales but the home improvement retailer’s beat expectations  and which looked much “less-bad” than Lowe’s.  At 8:25 AM EST we have shares up 4% at $27.15 on over 170,000 shares traded.  This is a DJIA component and being given credit for some of this morning’s market bounce.  Average volume is 16 million shares.  Before yesterday’s sell-off, HD was in need of a pull-back after the run it has seen over the last 5 weeks. -JON OGG