|Day Low/High||106.60 / 108.55|
|52 Wk Low/High||60.15 / 110.94|
FedEx's weak quarterly earnings -- even with TNT Express costs aside -- give us some real-world proof that global growth is slowing.
As the shipping company reports Tuesday night, headwinds blowing from Amazon and China trade are strong, but there's a chance of an unexpected move to the upside or activist investor news.
Hanesbrands is one consumer cyclical offering a 3.8% dividend yield.
The market moves to a short-term overbought condition on Thursday, breadth has been positive, and the intermediate-term indicators are still positive, so I expect a dip or a pullback, and then we rally again.
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
LULU rocked its recent earnings report and is killing it, generally -- and here is why.
Everyone keeps asking me if there's a recession around the corner. My answer: I don't see it.
High Fed rates, tariffs and China trade wars are all just distractions as long as there is some momentum. But that is in short supply right now.
Let's check out a case for the bears as everyone is so gloomy on the trade war, economic indicators and stocks in general.
These three names - GD, MRK, WMT - will either hit resistance or hurdle immediate pivot points in as traders (or bots) try to form a technical breakout.
For FL, the story is very much a question of whether the second half of the year can be better than the first.
Investors can find far better yield by simply buying the S&P 500.
The Fed Chair's address this day will move markets. This we know.
The Fed has more than enough reason to be preemptive in a way it's never been, preemptively positive.
I do think that they realize that they are in a fight, and are being aggressive.
Nordstrom is turning the ship around from its 52 week lows. As retail foments its rift, is the company now a winner?
* In a low conviction investment backdrop The S&P Index closed at about 2930 ($293 on ). This compares to my expected trading range of between 2700-2750 ($270-$275 on SPY) and 2900-2950 ($290-$295) - so it's at the upper end of my projections. With ...
But now the market awaits any news from the Fed at Jackson Hole later this week.
In one, the U.S. is faltering, and in the other, it's booming -- but there's much more to it than either.
TGT is widening the divide in retail by navigating headline risks.
The retailer's second quarter came in incredibly strong, but the math shows the headline guidance doesn't quite add up -- that's partly why I'm cutting in half my position.
I'm taking some shares of this recent IPO today.
With TGT trading around $100, here's our updated playbook.