|Day Low/High||123.77 / 125.35|
|52 Wk Low/High||100.60 / 133.38|
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.
While politicians, media and government agencies take aim at tech giants, understand that these are the ones helping keep our nation strong and innovative -- and have the love of the people.
Owning a retailer like GME that is wholly dependent on such a specialized market is a bad bet -- as confirmed by the company's second-quarter earnings miss.
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.
In my opinion, MA is a good one, otherwise it would not be on my book.
A visit to a Walmart store does not reveal an all-out run on ammunition, but gun owners are steadily draining the shelves of various calibers of ammo.
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.
In one, the U.S. is faltering, and in the other, it's booming -- but there's much more to it than either.
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.
The retail giant scored a big second-quarter earnings beat and reported that its traffic and sales continue to grow.
Some retailers are increasing in relevance. Others have less and less reason for being.
But president should use position now to cut a deal with China on tariffs to avoid hammering consumer confidence.
I am long KSS, and have a number of options trades in play that I have used to reduce net basis.
It will be interesting to see whether Macy's weak performance was shared by these names.
The freedom of choice coupled with a plentiful job market and frugality define this new beast.
Dillard's shares could sink to historic lows in the months to come.
HD is promoting optimism among more defensively minded retail investors.