|Day Low/High||102.47 / 104.31|
|52 Wk Low/High||84.75 / 118.23|
I expect retail stocks to fall today given the disappointing quarterly earnings and/or forward guidance this morning from Lowe's and Target . I'll be buying J.C. Penney on any weakness, and I remain short on Foot Locker , Nordstrom and Starbucks .
Lowe's slashes its full-year outlook while Cisco is reportedly laying off thousands of employees.
On Wednesday, August 17, Target releases quarterly earnings, while the Federal Reserve unveils the minutes of its July policy meeting.
Retail earnings and Federal Reserve speakers will be in focus for the week of August, 15.
But perhaps the economy is a bit like the Washington gridlock.
I had a hectic day and a hectic week! All over the place, literally. On investment process, I'm keeping it real. Beware of taking heads who have high conviction in their commodities price forecasts. A breakdown in the price of crude oil, Equity Res...
The bull-run may have taken a pause, but it is far from over. That's good news for stocks like United Technologies, Lowe's and Apple.
The appliance maker may be one way to play the looming refinance boom.
With a bit more downside, patient bulls will be presented with a low-risk entry opportunity.
They need to do something that makes them stand out as stocks you want to own, not avoid.
Take part in a mini retail revival ahead their earnings season in early August.
One note to start: I constantly try to be ahead of Group Stink, which is pervasive in the business media, and if I am not, please inform me! I don't want to write the obvious or mimic consensus through a rear-view mirror. That would not be value-add...
After upside progress, the second half of 2016 could see a correction.
Americans are expected to spend about $71.34 per household on the festivities alone.
Tractor Supply's negative update suggests risk to comps of both its main rivals.
Perhaps more than ever, the market has no memory from day. Stocks closed up by 35 handles and ended at the day's high. What were the odds of this occurring at yesterday's close? Enough said. I got lucky and got slightly net long and covered a lot of...
U.S. stocks ended Monday around session highs even as Fed Chair Janet Yellen remained vague on the central bank's rate-hike plans.
Buyers live higher, sellers live lower. Markets are still Fed-centric and governed by the last lean by Yellen. Ali Ali Ali! Here's a very good column from El Capitan. Apple (AAPL) is Crapple (Part Deux) Fastenal (FAST) is always a good proxy for...
Cadence is a relative issue, but some analysts are regarding it as absolute.
The key now is to prevent those wonderful gains from becoming potential losses.
Retailer's results might make them have second thoughts about a rate hike.
The retailer's upside appears limited based on historic multiples, so wait for a pullback.
Sales numbers were good compared to most rivals, but approach with caution.
Lowe's strong results illustrated that home improvement retailers cannot be undermined by online giant Amazon.com, says Jim Cramer.
These names play in sectors that Amazon isn't disrupting and is unlikely to disrupt anytime soon for specific reasons.
Target was down 8% premarket, following its latest earnings release.
Another positive earnings report from a home improvement retailer.