|Day Low/High||22.30 / 24.17|
|52 Wk Low/High||10.89 / 59.28|
The maker of athleisure apparel unveils an upside surprise that illustrates how spending by people of means benefits higher-end names.
Traders loved the stock last winter near $76, yet now hate the name around $46, so now's the time to go shopping.
As contrasted with Macy's which beat comp expectations, Kohl's disappointed. I am adding to KSS under $45 in pre-market trading.
"Macy's performance during the holiday season reflected a strong trend improvement from the third quarter... Customers responded to our gifting assortment and marketing strategy, particularly in the 10 days before Christmas." - Jeff Gennette, Macy's...
A bullish conclusion is not warranted in my opinion.
Interestingly, the spike in gold prices was indeed mimicked by a simultaneous spike in Bitcoin prices versus the U.S. dollar.
The fieldwork of J.P. Morgan's Mathew Boss, the dean of the retail group, is coming up with some pretty shocking results.
These names were among the stocks chosen for MoneyShow's Top Picks 2020 Report.
Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...
The retail dogs are having their day in the sun. I have been buying and . I expect a further rebound as tax selling is completed this week.
Given the favorable upside reward vs. downside risk that I calculate, I am placing FedEx on my Best Ideas List. It might be an interesting contrarian pick (along with a Kohl's ) for 2020.
Retail, a contrarian investment space, continues on its multiple day roll. Nice move on Macy's and Kohl's this morning - which I have been aggressively buying.
It was a slow, range-bound day with little individual or sector standouts -- to the upside or downside. * Market breadth was better than the indexes indicated (1,800 advancers vs.1,100 decliners). * Nevertheless, like yesterday, the market failed to...
Armageddonists who say otherwise can't be exorcised, but they should be ignored.
This is a market that thrives on certainty. We got it Friday.
As we approach midday, market breadth is quite strong -- at 3-1 positive. Financials and retailers (I added to and ) are upside features. I am bidding for more and . There are 12 more trading sessions of 2019 and just about anything can happen as "t...
Nordstrom's cheap valuation, high yield, and promising turnaround plan, should all mean good returns for patient investors.
We can't know exactly how the China-U.S. trade talks or our political battles will play out, but we can see the big ideas that will likely push companies higher.
Mr. Market moved steadily lower as the afternoon progressed and closed on the day's lows. I wouldn't make too much out of the meaning of today's action. * Breadth was almost exactly flat. * Bonds closed a bit stronger with yields down by two basis p...
I have added to both and . While acutely aware of the demise of the department store (see Jim "El Capitan" Cramer's column), I believe strongly that the current share prices have discounted this thesis which is extremely well recognized.
The debacle can only accelerate, the demise hastened, happy new holidays.
How companies talk about tariffs is becoming a defining characteristic going forward.
These are the 10 reasons why we keep going up, despite all the bad news.
Monday's strength in Kohl's is carrying thru further here on Tuesday. I have added.
The direction of the apparel maker's shares should remain positive based on its technical signals.
We're seeing lots of companies snapping up their peers, and the market is applauding.
* Buying more KSS On Friday I initiated a long purchase of Kohl's . I wrote, in "Some More Surprises for 2020?" the following: I recently previewed one of my Surprises for 2020: I anticipate that Twitter ( (TWTR) ) is acquired next year. Now for a s...