(https://www.cnbc.com/2026/06/16/stocks-making-the-biggest-moves-premarket-spcx-hood-hun.html) on retail euphoria while $HD trades off falling oil — textbook late-cycle rotation. The problem: $HD's debt-to-equity sits at 7.2x, and falling energy input costs won't offset the tariff pressure your Q2 earnings will reveal. Peace dividend compresses both energy multiples *and* consumer discretionary margins when you're already levered to your eyeballs.

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