Walgreen appears to be gaining share from weaker chains, while 2006 should see benefits from the higher-profit generic transition cycle and potential Medicare traffic.

Home Depot is headed for a stall.

We've seen some existing home sales figures starting to look weak or negative. That's usually followed by a slowdown in sales at Home Depot or Lowe's after a six- to nine-month lag.

Existing home sales have slowed. Softness here is a forward-looking concern to be monitored.