Dillard's, Inc. Class A (DDS)

Dillard's is now over $7 lower than the price at which I sold last week!

I took off long (at nearly $78) after it was +$14/share in one day following the better quarterly results. From BillyBob: BillyBob  DDS: JPM warns on DDS JPMorgan lowers Dillard's (NYSE:DDS) to an Underweight rating after having the department store...

* Further reducing gross longs * And increasing my overall net short exposure I have also moved my position from large-sized to medium-sized. (And I plan to stay there.) With the recent liquidation of ,  , and longs, profit taking in a substantial a...

* I stand with a calculator and a contrarian streak in my investment strategy * I have steadily expanded my net short exposure all week While I am respectful of price and momentum that, in part, have been influenced by the changing market structure,...

Recently I have made the following moves in my portfolios: * I have added to my and shorts. * I sold out my and longs. * I reduced the size (from large to medium) of my long holdings in and . * I initiated shorts in , and .

After eliminating a long,  , adding two shorts, and , and expanding my and shorts (as Mr. Market ramped on a better consumer confidence print - which is non predictive to the markets), I have further expanded my overall net short exposure. I have a ...

* Taking advantage of gap higher in shares Dillard's just hit $78/share - a gain of +$11 on the day. I have taken off my DDS long this morning at $77.75. What a trading sardine! I plan to buy back on weakness.

I own two retail stocks, and - as posted, I have consistently been adding to them recently. M had an earnings beat but guided in-line. The stock may have a relief rally - given these results. DDS had a nice EPS beat and good guidance. My favorite tr...

I am bidding slightly under the market in , , and . I am offering more on the short side a bit above the market.

Very little trading today - which reflects my low conviction level. I wasn't hit on my and bids.

I am bidding slightly under the market for more and .

I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...

As I mentioned earlier, retail has picked up a bid. Dillard's , the greatest trading sardine extant, is doing its thing (again) -- up by +5%. And, Macy's is following suit. No trades today.

Good action in and two stocks recently added to recently and initiated yesterday ( and ). , a victim of premature selling, is a total monster (+$3). (Still on my Best Idea List).

"Nope, what mattered is managers just said what the heck do I need safety for when it is overpriced when I can buy cheap and make a whole year in a day. That's what a rotation is about. That's what happened today and it is rarely a one day thing, wh...

Dillard's , a new buy, getting jiggy.

I have reestablished very small long positions in Macy's and Dillard's at $24.27 and $63, respectively. The modest size implies a low conviction in the entry price. Macy's was placed on my Best Ideas List on November 14, 2017 at $19.39. I have made ...

Besides my favorite trading sardine, Dillard's (currently no position), Procter & Gamble has been an extraordinary value added component of my portfolio (first on the short side and then on the long side). I initially shorted (and put on my Best Ide...

If I had an investing time frame of 1-5 years, I would be buying ,  , , , and the banks at current prices.

Break in! Target's shares are -9% after a gross margin miss. We own no retail stocks - though I would be a buyer of and (the shares were green in a sea of red yesterday) on weakness.

The market has grown increasingly unpredictable and "newsy." Many traders are having problems dealing and interpreting the short-term gyrations, which in large measure are machine/algo influenced. Short-term trading has become almost like a guessing...

Back in (a small way) at under $62. I am busy so I haven't yet fully analyzed the EPS miss (sales were fine).

* Trading long around a bearish view... * Even the friend of the devil (the Bear Market) can be a friend of mine when trading "I lit up from Reno I was trailed by twenty hounds Didn't get to sleep that night Till the morning came around" - Grateful ...

With Wednesday's sale of Dillard's and Macy's I have no retail longs.  Retail has been decimated in the last two trading sessions - both absolutely and relatively.  In my view this underperformance likely reflects the recent rise in inflationary pre...