Home Depot Inc. (HD) opened at 30.15. So far today, the stock has hit a low of 29.61 and a high of 30.15. HD is now trading at 29.78, down 0.61 (-2.04%). The stock hit its 52 week high of 42.01 in February and set its 52 week low of 29.61 today. The stock rose during the last winter, but has traded lower for most of this year. Home Depot shares have been slipping today after a Deutsche Bank analyst downgraded the stock to "Hold" from "Buy" as the U.S. housing market is not improving. The broker also cut his 2007 estimate to $2.38 from $2.40 per share. Technical indicators for the stock are bearish and steady while S&P gives HD a very positive 5 STARS (out of 5) strong buy rating. If you’re looking for a hedged trade on this stock, consider a February bear-call credit spread above the $37.50 level. HD stock could rise up to 25.9% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]