|Day Low/High||24.20 / 25.76|
|52 Wk Low/High||23.95 / 41.99|
if you dug a little deeper there was some carnage in the software group.
The consumer is alive, well, and might benefit from a thaw with China and easy to get jobs. So would Boeing and Caterpillar.
If Mr. Market defies my protestations and continues moving higher, I suspect there is a ketchup (catch-up) trade in retail stocks: * The group is deeply out of favor and its relative and absolute performance is obscene * The weak fundamentals are fa...
Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...
However, the RMPIA did not see as much improvement last month as some other market indices.
Keep an eye on retailer stocks this week, with big names set to report their quarterly earnings.
Management needs to reinvent the assets remaining rather than trying to Frankenstein a dead body.
Because of the low valued nature of M's stock, I view the company as a 'Hold'.
I own two retail stocks, and - as posted, I have consistently been adding to them recently. M had an earnings beat but guided in-line. The stock may have a relief rally - given these results. DDS had a nice EPS beat and good guidance. My favorite tr...
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
These popular retail names are reporting results. Here's what I'm looking at.
"Now don't be sad 'Cause two out of three ain't bad" - Meatloaf, Two Out of Three Ain't Bad Thus far Twitter has been a good pickup in the last few days. Macy's not so much.
I am bidding slightly under the market in , , and . I am offering more on the short side a bit above the market.
These stocks have grown their dividend for years but the yield has now reached levels of attraction.
Very little trading today - which reflects my low conviction level. I wasn't hit on my and bids.
I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...
As I mentioned earlier, retail has picked up a bid. Dillard's , the greatest trading sardine extant, is doing its thing (again) -- up by +5%. And, Macy's is following suit. No trades today.
"Nope, what mattered is managers just said what the heck do I need safety for when it is overpriced when I can buy cheap and make a whole year in a day. That's what a rotation is about. That's what happened today and it is rarely a one day thing, wh...
I have reestablished very small long positions in Macy's and Dillard's at $24.27 and $63, respectively. The modest size implies a low conviction in the entry price. Macy's was placed on my Best Ideas List on November 14, 2017 at $19.39. I have made ...
Trim consumer-related shares and emphasize those that are related to secular growth trends that aren't going to let up even if the government shutdown drags on.
The RMPIA is once again outpacing the S&P 500, Dow Jones Industrial Average and the Nasdaq Composite Index.
Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...
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...