|Day Low/High||153.99 / 156.91|
|52 Wk Low/High||150.68 / 259.25|
In the short term, Macy's is not likely to run afoul of dividend problems, but can management transform the company for long-term health? Few retailers have had such success.
Amazon could, technically, eventually tack on a few hundred more points -- meaning this pricey and risky stock can still pay off.
The delivery giant has made a good start toward bottoming on its charts, but the full tale has yet to be told with its shares.
With roughly two hours until the day's market close, I'm circling back to the poll question I asked Diary readers earlier today. The question was "What are you most concerned about in the near-term?" via a multiple-choice question with the following...
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
By selling out of big losers prior to the quarter's close, portfolio managers can hide the stocks from clients, but some downtrodden shares could be ripe for bounces next week, so here's my list.
Let's look at their price charts and technical indicators, and draw some conclusions.
Plus, a look at Ulta Beauty and a possible options play in the retailer.
Some key names are set to release their latest earnings results.
AAWW shares have gone nowhere since 2010 for buy-and-hold types, but traders have been able to pocket huge-percentage gains over relatively short periods of time.
Plus, many market players don't wait for the Federal Open Market Committee's latest announcement to jump in, and President Trump's latest Xi tweet gooses equities.
Talks between Washington and Beijing unlikely to end tariffs, but what would be worse? If the Fed chief dropped his guard on a single tweet.
Applying a less than normal 16x multiple to FY 2020's estimate would justify a move to $285 by FedEx's stock price over the next 12 to 18 months. Total return could exceed 80% on this very blue-chip name.
FedEx's rise on bad news and Facebook's fall on the same are two examples of how it's hard to figure out when enough's enough.
The blockchain effort could be a necessary step towards the future of global shipping and driving down costs.
Expect more mud to fly against iconic companies in both countries.
Then again, the time to buy often ends up being the time when nobody wants to.
FedEx's falling out of favor in China over the Huawei delivery issue could open the door to its foes.
Let's step back and look at the bigger picture.
The shipping giant is feeling the effects of intensified U.S.-China trade war hostilities.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
Only economists and pundits seem to be worried about a pending crash that might never occur.
Portfolio managers are exercising their First Amendment right to do incredibly stupid things.
* If 3M's EPS miss and this column doesn't give you pause for reflection on how investors blindly follow price, nothing will! * Despite protestations from those that worship at the altar of price, share prices are not necessarily truth * Case in poi...