|Day Low/High||18.77 / 19.50|
|52 Wk Low/High||5.57 / 22.30|
We can't know exactly how the China-U.S. trade talks or our political battles will play out, but we can see the big ideas that will likely push companies higher.
Mr. Market moved steadily lower as the afternoon progressed and closed on the day's lows. I wouldn't make too much out of the meaning of today's action. * Breadth was almost exactly flat. * Bonds closed a bit stronger with yields down by two basis p...
Sure, many other big box retailers and niche retail names look better for investing, but M offers some fantastic volatility for a play.
The question is whether M can continue to fork over a dividend of its current size.
Sarge is a great writer. I especially enjoyed his column (and discussion of Macy's ) today! Lets go to the tapes.
I have added to both and . While acutely aware of the demise of the department store (see Jim "El Capitan" Cramer's column), I believe strongly that the current share prices have discounted this thesis which is extremely well recognized.
100% of all revenue producing models eventually fail unless there is some evolution. Adapt or else.
The debacle can only accelerate, the demise hastened, happy new holidays.
How companies talk about tariffs is becoming a defining characteristic going forward.
These are the 10 reasons why we keep going up, despite all the bad news.
The direction of the apparel maker's shares should remain positive based on its technical signals.
We're seeing lots of companies snapping up their peers, and the market is applauding.
Of the department stores, JWN may be best positioned to make a long-run move.
The difference between anchors comes down to execution and inventory along with in-store experience.
Macy's is up by +5% in today's trading session. I briefly highlighted the EPS report this morning and I will expand on my analysis next week. Today's up move makes my Trade of The Week move from a horrible decision to just a bad choice.
From Neil The Real Deal on Macy's https://realmoney.thestreet.com/dougs-daily-diary?published[value][date]=2019-11-22&author=All#macys-update-20191122
Although I am on the road at research meetings, I wanted to briefly comment on the Macy's results. (Macy's was our Stock of the Day on Thursday). Not unexpectedly, Macy's lowered forward guidance. Same-store sales in the third quarter of 2019 came i...
Retail has proved a volatile industry as tastes and trends change -- and now there are some signs that Amazon shares could be turning vulnerable, too.
There's a lot of other names to choose from in the market without the struggles of M and without management that appears to be out of touch with its own company.
Let us talk about the four reasons offered up for what looks and smells an awful lot like poor execution.
The bears already were in control of the iconic retailer's shares even before it posted a third-quarter revenue miss.
Clearly, Wednesday was a day of broad portfolio distribution. Not, however, the end of the world.
I am offering (slightly above last sales) shorts in , , , and . I am bidding (slightly below last sales) longs in , and .
It's another day of small individual stock price changes. Today (at around noon), compared to -400 breadth on Monday, there are about 100 more advancers over decliners. Bonds are well bid and yields are about two basis points lower. Oil is a schmeis...
* I remain substantially underweighted in retail as the U.S. retail market remains overboxed * I am long the disruptor, Amazon and I find value in Macy's (adding now) The retail industry continues be disrupted, post haste. There is still far too muc...
To state the obvious, the and disappointments are putting a pall under the retail space. My Trade of the Week, Macy's (which was looking great technically), is being penalized. I just added at $15.30. On Thursday M will report - I expect a small los...
Monday saw another (albeit small) market advance -- with a narrow trading range. It was good action for the bulls considering the incremental trade news. Also, we heard a lot of noise but nothing definitive: * Breadth was negative -- with around -40...