|Day Low/High||242.15 / 247.12|
|52 Wk Low/High||179.52 / 246.11|
To state the obvious, the and disappointments are putting a pall under the retail space. My Trade of the Week, Macy's (which was looking great technically), is being penalized. I just added at $15.30. On Thursday M will report - I expect a small los...
A close below $230 would weaken its charts somewhat here on Tuesday, but breaking $216 in the coming days and weeks would be a big deal.
"Most of the world is driven by narrative rather than arithmetic. But over time arithmetic is real and narrative is just that." - Rick Rule, Sprott U.S. Holdings Here we go again, S&P stock futures (+8) are climbing Nicely (Nicely Johnson) into the ...
Tuesday's Dreamforce features a discussion between Salesforce's Marc Benioff and Apple's Tim Cook.
Retail, the end of the road and other stuff from Peter Boockvar: As you know I've argued that the BoJ and ECB are at the end of their road in terms of monetary activism. An article today from Bloomberg News said "An unprecedented level of concern ab...
There is tremendous underperformance by most money managers and they are anxious to make up ground before the end of the year.
Third quarter earnings season is down to the really nitty gritty. That said, there are still quite a few well known (to the public) retailers set to bring up the rear.
Danielle DiMartino Booth on retail: September 2019 was the seventh quarter that the building materials sales-to-inventory ratio was negative, aligning with 2007's fourth quarter as the U.S. economy entered recession; falling home prices triggered th...
Traders and investors should consider tighter sell stops to lock in gains.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
The market is throwing a Halloween sale right now that it doesn't need to throw, and that's an opportunity.
The stocks of many companies anticipated a more stringent series of tariffs and we didn't get them.
Let me give you the items I want to see before I bless buying anything in what has become a plain, out and out, treacherous market.
Oppenheimer is out with with favorable comments on Home Depot and Lowe's , with the gist of it being that low interest rates are positive for the home improvement industry. In theory I am inclined to agree, but following the August Retail Sales repo...
I mentioned that we've shut the books on September and the third quarter -- so how did things turn out? U.S. equity indicators rebounded in September, which allowed the S&P 500 and Dow Jones Industrial Average to finish the September quarter on a po...
Let's consider the case of what would be the best odds on favorites to start a new position in the Dow Jones average.
There are definitely worse places to invest than in the equity of BBY.
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
LULU rocked its recent earnings report and is killing it, generally -- and here is why.
Everyone keeps asking me if there's a recession around the corner. My answer: I don't see it.
The Fed has more than enough reason to be preemptive in a way it's never been, preemptively positive.
I do think that they realize that they are in a fight, and are being aggressive.
* In a low conviction investment backdrop The S&P Index closed at about 2930 ($293 on ). This compares to my expected trading range of between 2700-2750 ($270-$275 on SPY) and 2900-2950 ($290-$295) - so it's at the upper end of my projections. With ...
In one, the U.S. is faltering, and in the other, it's booming -- but there's much more to it than either.
TGT is widening the divide in retail by navigating headline risks.
I'm taking some shares of this recent IPO today.
HD delivered blockbuster earnings and we have a new strategy.