{"id":20339,"date":"2013-05-22T13:58:11","date_gmt":"2013-05-22T17:58:11","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=20339"},"modified":"2013-05-22T14:00:15","modified_gmt":"2013-05-22T18:00:15","slug":"todays-video-update-target-and-lowes-both-miss-whos-next","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2013\/05\/todays-video-update-target-and-lowes-both-miss-whos-next\/","title":{"rendered":"Today's Video Update: Target And Lowe's Both Miss... Who's Next?"},"content":{"rendered":"<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130522&amp;sponsor=vantage&amp;mkt=blog1pm0522\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" alt=\"\" src=\"\/img\/sites\/ino\/email\/5078.jpg\" width=\"51\" height=\"51\" \/><\/a>Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your <a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130522&amp;sponsor=vantage&amp;mkt=blog1pm0522\" target=\"_blank\"><strong>mid-day market update<\/strong><\/a> for Wednesday, the 22nd of May.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">Target and Lowe's Both Miss<\/span><br \/>\nBoth Target <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_TGT\" target=\"_blank\">(NYSE:TGT)<\/a> and Lowe's <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_LOW\" target=\"_blank\">(NYSE:LOW)<\/a> missed their estimated earnings this morning and disappointed Wall Street. Both companies blamed the miss on bad spring weather. I guess you have to point to something when you miss what everyone is expecting. We will be looking at Target and Lowe's today.<!--more--><\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130522&amp;sponsor=vantage&amp;mkt=blog1pm0522\" target=\"_blank\"><strong>Watch Today's Video Update Here<\/strong><\/a><\/p>\n<p>After the close, Hewlett-Packard <a href=\"http:\/\/quotes.ino.com\/analysis\/trend\/tradersblogsymbols\/?symb=NYSE_HPQ\" target=\"_blank\">(NYSE:HPQ)<\/a> will announce their earnings for the quarter. Everyone is really keyed in to this stock to see if Meg Whitman has made a difference. We will also be looking at Hewlett-Packard today.<\/p>\n<p><a href=\"http:\/\/search.cnbc.com\/main.do?target=all&amp;categories=exclude&amp;keywords=hewison\" target=\"_blank\" rel=\"attachment wp-att-6506\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6506 alignleft\" alt=\"CNBC\" src=\"\/\/club.ino.com\/members\/blog\/wp-content\/uploads\/2012\/11\/CNBC.jpg\" width=\"111\" height=\"50\" \/><\/a><span style=\"color: #002359; font-weight: bold;\">Tonight On CNBC Asia<\/span><br \/>\nTune in tonight and watch \"Cash Flow\" on CNBC Asia around 10:10pm ET. I have been invited to act as a co-host and will be on the show from 10:10pm to 10:35pm.<\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">What Is Ben Going To Say Today?<\/span><br \/>\nEveryone's going to be tuned in today to watch and listen to what Ben Bernanke has to say about the economy. It should be an interesting session and should also reveal a lot more about what they are going to do, when it comes to the QE program. So far, the results of the QE program are questionable at best, as the Fed by its own admission has indicated that they are disappointed that they didn't do more earlier. As always, I will be watching and looking at our Trade Triangles for clues as to when the current four year bull market has run its course and come to an end.<\/p>\n<p><a style=\"color: #002359; font-weight: bold; text-decoration: underline;\" href=\"http:\/\/www.ino.com\/blog\/2013\/05\/a-lulu-of-a-stock\/\" target=\"_blank\">Have you seen my recent Lululemon (NASDAQ:LULU) video?<\/a><\/p>\n<p><a style=\"color: #002359; font-weight: bold; text-decoration: underline;\" href=\"http:\/\/www.ino.com\/blog\/2013\/05\/has-apple-lost-its-way\/\" target=\"_blank\">Have you seen my recent Apple (NASDAQ:AAPL) video?<\/a><\/p>\n<p><a style=\"color: #002359; font-weight: bold; text-decoration: underline;\" href=\"http:\/\/www.ino.com\/blog\/2013\/05\/electrifying-results-with-this-one-stock\/\" target=\"_blank\">Have you seen my recent Tesla (NASDAQ:TSLA) video?<\/a><\/p>\n<p><a style=\"color: #002359; font-weight: bold; text-decoration: underline;\" href=\"http:\/\/www.ino.com\/blog\/2013\/05\/nine-months-without-a-losing-trade\/\" target=\"_blank\">Have you seen my recent Google (NASDAQ:GOOG) video?<\/a><\/p>\n<p><span style=\"color: #002359; font-weight: bold;\">The Canary In The Mine<\/span><br \/>\nI was born in England, in a city called Newcastle-Upon-Tyne. You may have heard the expression, \"carrying coals to Newcastle.\" It is dirty hard work, and several of my uncles worked in the coal mines. The canaries were carried in cages and accompanied miners down into the mines and acted as an early warning sign if the air was toxic. If a bird dropped off its perch while the miners were working, miners quickly scrambled to get out of the mine as the air was too toxic to continue working. <a href=\"http:\/\/www.ino.com\/blog\/2013\/05\/is-wal-mart-the-canary-in-the-mine\/\" target=\"_blank\">Yesterday, we used this analogy for a stock that maybe alerting us, that the air in the stock market is getting toxic to own stocks<\/a>.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=club-mc_update_20130522&amp;sponsor=vantage&amp;mkt=blog1pm0522\" target=\"_blank\"><strong>Watch Today's Video Update Here<\/strong><\/a><\/p>\n<p>Have a great trading day,<br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/about-adam-hewison\/\" target=\"_blank\">Adam Hewison<\/a><br \/>\nPresident, INO.com<br \/>\nCo-Creator, MarketClub<\/p>\n<p><a href=\"http:\/\/search1.bloomberg.com\/search\/?content_type=all&amp;page=1&amp;q=hewison\" target=\"_blank\" rel=\"attachment wp-att-6508\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-6508\" alt=\"Bloomberg\" src=\"\/img\/sites\/ino\/email\/5074.jpg\" width=\"215\" height=\"51\" \/><\/a> <a href=\"http:\/\/www.bnn.ca\/Search.aspx?query=hewison\" target=\"_blank\" rel=\"attachment wp-att-6507\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6507 alignleft\" alt=\"BNN\" src=\"\/img\/sites\/ino\/email\/5075.jpg\" width=\"117\" height=\"50\" \/><\/a> <a href=\"http:\/\/search.cnbc.com\/main.do?target=all&amp;categories=exclude&amp;keywords=hewison\" target=\"_blank\" rel=\"attachment wp-att-6506\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6506 alignleft\" alt=\"CNBC\" src=\"\/img\/sites\/ino\/email\/5076.jpg\" width=\"111\" height=\"50\" \/><\/a> <a href=\"http:\/\/www.foxbusiness.com\/search-results\/search?q=hewison\" target=\"_blank\" rel=\"attachment wp-att-6505\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6505 alignnone\" alt=\"FOX\" src=\"\/img\/sites\/ino\/email\/5077.jpg\" width=\"241\" height=\"51\" \/><\/a><\/p>\n<p><em><strong>Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.<\/strong><\/em><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 22nd of May. Target and Lowe's Both Miss Both Target (NYSE:TGT) and Lowe's (NYSE:LOW) missed their estimated earnings this morning and disappointed Wall Street. Both companies blamed the miss on bad spring weather. I [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[4071,188,28,3839,310,3831,1069,147,23,5153,5152,1768,307,2074,5151,566,7947,4053],"class_list":["post-20339","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-8-95-trial","tag-adam-hewison","tag-crude-oil","tag-donchian-channel","tag-dow","tag-dx","tag-euro","tag-fibonacci-resistance","tag-gold","tag-hewlett-packard-nysehpq","tag-lowes-nyselow","tag-marketclub-tips-talk","tag-precious-metals","tag-sp500","tag-target-nysetgt","tag-trade-triangles","tag-trading-videos","tag-williamr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Today&#039;s Video Update: Target And Lowe&#039;s Both Miss... Who&#039;s Next? - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2013\/05\/todays-video-update-target-and-lowes-both-miss-whos-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Today&#039;s Video Update: Target And Lowe&#039;s Both Miss... Who&#039;s Next? - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 22nd of May. Target and Lowe&#039;s Both Miss Both Target (NYSE:TGT) and Lowe&#039;s (NYSE:LOW) missed their estimated earnings this morning and disappointed Wall Street. Both companies blamed the miss on bad spring weather. 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