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The Home Depot (HD) top performing Dow stock

Home Depot NYSE: HD logoFor the past few days I have been writing about the fickle nature of our current stock market, which has been bouncing up and down, reversing direction each day. All this meandering about indicates that investors lack conviction, or at least traders lack conviction. Investors are probably doing nothing, or picking up the odd bargain here and there.

Today that bargain must have been The Home Depot (NYSE: HD) because that was the No.1 performing stock among the Dow Jones Industrial Average ($INDU). It was up 1.34% on a day when 5 out of 6 Dow components were down. It went up $0.49 to close at $37.04 in a market when everyone is sitting on the edge of their seat waiting to see what the Fed will do? Bernanke's Fed: Maybe they will and maybe they won't was my closer yesterday.

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IndexesChangePrice
DJIA+37.8610,284.83
NASDAQ+12.752,163.83
S&P 500+5.141,098.15

Last updated: November 11, 2009: 11:07 AM

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