|Day Low/High||116.68 / 119.00|
|52 Wk Low/High||85.90 / 121.22|
Experience has shown me that there's too much risk in SHOS.
The market pushed back presumably after it digested the inaugural speech and absorbed the marches around the world. I don't believe the new president will be market and economy friendly. The reflation trade is in question today. And I remain b...
In spite of the National Retail Federation raising its fourth-quarter holiday sales forecast to 4% as opposed to the original 3.6% number, nearly all retailers of consequence who have issued preliminary holiday sales results (Wal-Mart Stores , TJX ...
The disintermediation of old-line, bricks-and-mortar retailers provides longer-term opportunities for those who buy the right companies at reasonable prices. My conclusions are simple: 1) Facebook , Alphabet and Amazon win, but seem fairly priced. O...
"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." - Blondie, "The Good, the Bad and the Ugly" Here's a quick review of today's market action: The Good Mr. Market continues to follow t...
"Everyone here likes the bounce." -- President-elect Donald Trump (said in a meeting today at Trump Tower with tech executives) A good day for the ursine crowd but not so good for the bullish cabal as they had a bad day -- for a change. (Yes, I am w...
Some interesting chart patterns are taking hold in HD after its early November bottom.
The floodgates have opened for a lot of companies -- even for growing marijuana.
Besides favorable technical signals, recent housing reports bode well for both names.
"If you work for a living, why the hell do you kill yourself working?" -- Tuco the Ugly "The Good, the Bad and the Ugly" I did only a small amount of trading today (and added to short exposure), and there will be no "Takeaways" today (it's family ti...
Lowe's shares fell after the company trimmed its full year guidance following disappointing quarterly results.
Jim Cramer says he's a fan of Home Depot, which had a much better quarterly earnings report than Lowe's.
After four straight sessions of record high closes in the Dow Jones Industrial Average, the Donald Trump rally may finally be softening.
It is good to be standing in for Doug Kass this Wednesday. We saw somewhat of a snapback rally yesterday in some of the sectors that have underperformed since the unexpected election results last week. Technology was up nearly 1.5% within a decent d...
News from the American Petroleum Institute said that crude oil stocks surged by 3.6 million barrels last week.
Retail earnings continue to roll-in on Wednesday, November 16.
Investors await corporate earnings reports and important economic data during the week of November 14.
I'm talking about head-to-head comparisons of companies.
This market malaise is politically derived, and it wouldn't take much to bring things back to life.
Politics, M&A, retail, oil -- it's hard to make sense of what's going on.
A short "Takeaways" today as I have to prepare for some morning meetings. Down, up, down -- in a relatively volatile session. I am comfortable with yesterday's bearish moves. I sold more (short) today on the surprising (at least to me!) ramp...
Lowe's shares fell after being downgraded to Neutral from Overweight by JPMorgan.