|Day Low/High||397.14 / 402.05|
|52 Wk Low/High||314.13 / 414.63|
These options strategies let a trader gain exposure to auto parts stocks, but at greatly reduced risk.
Straying from these names could land you in quicksand as the 4th quarter begins.
It is all about perception, and here are strong names to pick up on market weakness.
Stretched consumers seem likely to repair rather than replace, as well as take longer to pay off car loans.
O'Reilly Automotive and AutoZone could offer buying opportunities if the charts are right.
It looks like China is building again.
A near-term rally is possible, but it will require volume to be sustainable.
Not everything will be 'Amazoned'; buy now to take advantage of fear pricing.
Some quick hits to ponder as you get ready for that second cup of Morning Joe -- and by that I mean coffee, not the program. PayPal & Visa have struck a deal for PayPal to offer a debit card in Europe. Ah, Cashless Consumption continues to gain gro...
An overabundance of parts retailers appears to be putting pressure on the group as a whole.
With recent heavy selling there are no divergences to suggest a low has been seen.
Bull markets tend to die from bond market competition, recessions, rate hikes or too much supply.
The auto parts retailer's big selloff has created a buying opportunity.
"Sell in May and go away" did not work, but bolting in July may be the right investment decision based on uncertain market, political and global conditions.
"Sell in May and Go Away" didn't work, but "Selling in July Before It Gets Ugly" may be the right investment decision now. The preconditions for a market correction, as articulated in "My Top 10 Reasons Market Lambs Should Be Scared of a Slaughter,"...
Changes in economy have shored up weak areas.
Mergers coming in the auto parts retail space?
In the apparel/general merchandise segment, I am considering a basket of Macy's , Nordstrom , Kohl's , Walmart and Target . Home improvement in the form of Home Depot and Lowe's seems fully priced to me. Also appearing fully priced is the auto afte...
I see a lot of bandwidth in the industry and a core shopper that might be disappearing.
"There are two kinds of spurs, my friend. Those that come in by the door; those that come in by the window.." -- Tuco, " The Good, the Bad and the Ugly" No "Takeaways" today as the action was kinda boring, uneventful and with little individual stock...
"I would say that (today) the averages are faring better than the average stock -- on average. If you know what I mean!" -- Kass Diary, Consider this Yogiism! With opening day yesterday and tonite's NCAA final (I like North Carolina in a high sin...
* Avoid retailers! The interview with Target's TGT CEO on CNBC was symptomatic of the problems facing large retailers -- too little change and too late. For now, I would not try to bottom-fish in Target or any other retailer. Save for an unsuccess...