|Day Low/High||24.74 / 25.19|
|52 Wk Low/High||23.95 / 41.99|
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 ...
Macy's makes a big move downward on Wednesday.
The upcoming shopping season could be a strong one for many retailers.
Macy's move to downsize some of its stores may be weighing on investors' minds on Wednesday.
An old dog is utilizing new tricks to keep growth going.
Strong same-store sales combined with robust earnings make the cheap stock a buy.
Even solid numbers can't overcome the price action that is dragging everything down.
The decline in Macy's shares after a strong earnings report could signal a buying opportunity for investors.
Good, clean numbers and metrics (comps +3.1%) at Macy's . The shares are up a beaner after guidance is raised. I recently sold out my M (planning to buy in a market correction) at around to slightly higher current price of $36.71. Macy's was placed...