|Day Low/High||3.34 / 3.53|
|52 Wk Low/High||3.30 / 11.69|
HP's spining off its enterprise services, while Tiffany and Express shares slip after earnings miss forecasts.
In 'What's Ahead on Wall Street' for the week of May 23, we still have a couple more companies reporting.
U.S. stocks opened higher Wednesday as oil prices rose on hopes there will be an agreement to freeze output when oil producers meet next week.
U.S. futures are recovering some ground after the dip in markets Tuesday.
In branded vs. unbranded apparel, discounters are doing better.
Expect more of the same from big-box names like The Gap: crummy same-store sales that don't inspire anyone to do any buying.
Technology and health care names led the bullish reversal.
U.S. stocks opened higher Wednesday as China tries new stimulus for its economy.
We may be easing toward Labor Day, but there's still plenty going on.
Personal income and outlays are up, but consumer confidence isn't and many retail stocks are so-so at best.
Stocks extended early losses in midday trading Thursday after U.S. pending home sales hit a nine-year high.
On Thursday May 28th we await earnings results from Abercrombie & Fitch (ANF), Express (EXPR), Pacific Sunwear (PSUN), GameStop (GME), Ulta (ULTA), and Avago Technologies (AVGO).
Energy shares slide; Broadcom is the day's big winner.
Well-known names losing out to Wal-Mart and others on apparel.
We'd suggest you pick up some protection for your portfolio.
Economic, sociological and technological events are converging in this sector.
Here are two possible long entries and two possible short-side plays.