|Day Low/High||9.95 / 10.78|
|52 Wk Low/High||4.38 / 18.57|
* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
To state the obvious, the market is in terrible shape. Just watching for now, wondering out loud how the technicians who have waited for a price breakdown react to the last two days poor action? P.S. - I forgot to document that I added to my Macy's ...
Target CEO Brian Cornell is doing everything better -- from the stores, to the systems, to the customer acquisition, to the convenience.
I don't see the appeal in HD, and KSS just disappointed in a big way.
It's a key week for retail stocks, with these four well-known names all set to post quarterly results.
It's ironic. Had the Chinese let Facebook, Amazon, Netflix and Alphabet in, there could have been some massive retaliation for Huawei. But they never did.
Chuck Robbins didn't bellyache that he can't get out of China and therefore numbers have to come down.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
When Macy's announced big improvements last December, the stock had quite a run. Now, investors are waiting to see more.
With retail sales showing contraction in April, price increases would significantly affect demand for Macy's products.
I really see the dividend payment as the only reason any investor would want an equity stake in this name.
The retailer turned in stronger-than-expected first-quarter earnings, but also noted that gross margins contracted.
The department store retailer needs to see more bullish price action before concluding that a rally can be sustained.
I have added to my Macy's position in the pre-market (average cost about $22.80) - raising my size from small to medium.
Macy's bottom line and forward guidance was far better than feared. Despite the unknowns associated with the possible headwind of tariffs, today should be a good day for M's shares. (The company gave some explanation of how they might navigate aroun...
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
Charts and indicators also look pretty bearish right now.
As Walmart and Macy's report, keep an eye on these retail growth indicators.
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.