|Day Low/High||24.05 / 24.69|
|52 Wk Low/High||22.47 / 41.99|
The next month and a half could make or break this stock market.
Retail isn't a losing ETF, and it isn't defined by Macy's, it is a sector with winners and losers.
Rather than cheering the start of a new bull market, perhaps we should see this rally as a much-needed 'oversold' bounce.
If Barra is willing to be as bold with the company's balance sheet as with its corporate strategy, GM shares could be the ultimate value play.
* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...
I would not be surprised if we see a bout of profit-taking in the near future given the sharpness of the recent rebound.
How did we get from a rolling bear market to a rolling bull market so quickly?
It might be time to fill your carriage with Kohl's again.
One of the reasons I have never invested in retail stocks is the heavy use of buzzwords to obfuscate financial performance as opposed to real metrics.
We are going to have to differentiate retail and recognize that Wall Street tolerates nothing disappointing.
The best retailers are still Amazon, and probably Walmart.
* Corporate Managements "who never met an outlook they didn't like." In my more than four decades I have interviewed hundreds of managements and observed, in the business media, thousands more. I can not recall one management in my career who had ne...
Kohl's and Macy's holiday misses this morning will likely cause an abrupt reversal of the recent improvement in retail industry stock prices. I have not been a fan of retail stocks -- citing a profitless prosperity in a recent column, "Retail's Prof...
Let's see what the charts suggest.
If I had an investing time frame of 1-5 years, I would be buying , , , , and the banks at current prices.
Shares were pressured significantly pre-market which has carried into the early trading day, with the stock hitting its lowest levels in six months on Tuesday.
Break in! Target's shares are -9% after a gross margin miss. We own no retail stocks - though I would be a buyer of and (the shares were green in a sea of red yesterday) on weakness.
We are all struggling to figure out when this rout ends.
Pence's speech over the weekend showed no signs of easing tensions with China.
There's no reason to own J.C. Penney when you can get better-performing rivals like Macy's or Kohl's.
The perception of the majority right now is quite negative.
In reality people just want to get out because they fear they will lose their shirt.
* Trading long around a bearish view... * Even the friend of the devil (the Bear Market) can be a friend of mine when trading "I lit up from Reno I was trailed by twenty hounds Didn't get to sleep that night Till the morning came around" - Grateful ...