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Serious Money: Home Depot & Lowe's belong on your watchlist

Hopefully all the people who thought the world was coming to an end have found good counseling while the rest of us get on with our business. This is not to make light of those that are struggling to find employment, or trying to rebuild their retirement portfolios -- this is a brutal economy indeed.

The most important thing, though, is that the stock market has improved recently, "bear rally" or not, because it has allowed investors to see that the market can go up as well as down. The most reliable prediction for the future of the stock market has always been "it will fluctuate".

My favorite motto comes from my time as a Cub Scout: be prepared. If you do not have a watchlist then you are not prepared. Yesterday I started this conversation with Serious Money: Keep your eyes on UPS and FDX.

Continue reading Serious Money: Home Depot & Lowe's belong on your watchlist

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DJIA+132.7910,450.95
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S&P 500+14.861,106.24

Last updated: November 24, 2009: 07:14 AM

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