|Day Low/High||22.84 / 24.07|
|52 Wk Low/High||5.57 / 23.76|
Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.
When you think of what's working ask yourself if you would be sensitive to a price increase or not. The ones you are not? Go buy their stocks.
The U.S. economy's next recession has already been scheduled. We just don't have a specific quarter just yet.
There has been a lot of speculation as to what will become of large big box retail spaces that have gone vacant around the country. We've heard talk of Amazon taking them over as distribution points as well as Dave & Buster's using them to expand...
At least for now the issues that lead to the big moves in bonds and the reaction in equities have been set aside.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
Luggage sales pick up at M and here's how to approach the retailer now as the reopening picks up momentum.
If Wall Street snobs actually went to Walmart, they'd know you can't stop the American consumer who's got a clean balance sheet and is yearning to get outside.
Notable comp-store sales: For Macy's April quarter: Comparable sales up 62.5% on an owned basis and up 63.9% on an owned plus licensed basis versus 2020. Comparable sales down 10.5% on an owned basis and down 10.0% on an owned plus licensed basis ve...
Whether this market is mired in a down trend, or is just moving through a 'pressured' up trend is really based on the perspective of the individual investor and how they are positioned.
Let's unravel the opportunities awaiting with Hanesbrands.
* The stock and not the parade I have taken Macy's off of my Best Ideas List today - it's been a long time coming! I originally placed it on the List at $19.39 in November, 2017. It was a mistake.
I like the chart and elevated implied volatility into the earnings release.
There was less focus on movement between various sectors in Monday's trading and more emphasis on the merits of individual stocks.
Cryptos and cash are both headed for a real fight. For their own existence.
The funny thing about flat lines is that the move at the end is usually explosive, but could go either way.
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
Department stores, sporting goods sellers and even fashion retailers have seen their shares surge this year, but the question is whether the party can last.
In which we discuss the seven heavenly ways to make money and the seven sins to watch for.
Macy's traded as high as $22 last week -- I added to my short on the strength. Now under $15/share I have just taken off the short of this heavily shorted retailer (88 million shares short vs. 310 million share float).
Many have been incorrectly dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes.
Why investors should expect a pullback to unfold in the weeks ahead.
* Many have been (incorrectly) dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes * I have been shorting rips and buying dips in a heightened regime of volatility * Color me bearish * I s...
* I remain negative on the market outlook and I have expanded my net short exposure today on the market's strength I am here to pick stocks and judge the markets and the economy -- and not to express an ideology. I substantially raised my short ...
Heavily shorted Macy's traded up to $22/share in yesterday's madness. As I mentioned, I expanded my short on strength into the mania on Wednesday. Today the shares are back down to $15.70 (down $2/share).
"Just one more thing." - Lt. Columbo I have my hands full with quite a lot of business projects I am working on (including a new hedge fund). I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...