Traders are watching whether the 50-day moving average near $370 remains intact to preserve bullish sentiment. Megacap stocks dominate their sectors and their actions influence economies worldwide. The flip side though is that their sheer size means they have less room for explosive growth as scale works against them. The last three months saw significant insider selling at Home Depot. Specifically, insiders ditched US$1.2m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain. Home Depot stock price today registered $369.11 in early trade, benefiting slightly from broader market upticks. Seasonal sales trends, particularly spring home projects, are expected to lend near-term support.