|Day Low/High||16.52 / 17.55|
|52 Wk Low/High||5.57 / 22.30|
"Mixed emotions, Buddy. Like Larry Wildman going off a cliff in my new Maserati." - Gordon Gekko, Wall Street In general I wasn't too impressed, as the S&P 500 gave back about 18 handles from the morning's intraday high. (The last half hour was quit...
The disparity right now between Walmart and Kohl's or Target and Macy's is the greatest I have ever seen it.
While I do not see any real inflection point in relatively weak fundamentals, both Kraft Heinz and Macy's appear to be trading a bit better over the last week or so. I recall a few months ago remarking about the same (better technical action) of Cam...
Adobe and its peers are making it so even tiny retailers can offer an engaging digital experience -- and compete with the big guys.
Retail stocks are getting jiggy tonite and I don't know quite why. Macy's is my only play in the sector.
The stores that are catering to the super haves and the super have-nots are the winners.
In the near term, it would appear Amazon will need to do the heavy lifting.
* 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.