Target & Lowe's Earnings Reports Will Be Indicative Of The U.S. Consumer

"Target (TGT) earnings report will provide insight into the health of the U.S. consumer. The retailer stumbled earlier in the year with excess inventory and faced much in the way of margin challenges from supply chain issues. The TGT stock is likely to be a long-term winner despite near-term challenges. Also, Lowe's (LOW) earnings reports will provide insights into the impact of rising interest rates on the home improvement market. Investors will scrutinize inventory levels, but secular trends are still favorable," says Daniel Kern. Next, Tom White discusses example option trades on Lowe's (LOW) and Target (TGT).

Morning Trade Live

15 Nov 2022

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