|Day Low/High||6.00 / 6.32|
|52 Wk Low/High||4.38 / 21.58|
Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.
While it might be tempting to buy any dip, the coronavirus' quick spread, recent downgrades, softness in services and other factors should give pause.
Kraft Heinz, Macy's and Renault have all recently been downgraded, and now the question must be asked: Is this the start of something bigger?
Despite Simon Property Group's view on brick & mortar retail, S&P Global Ratings seems to have a somewhat different view as it downgraded Macy's credit to "junk" status, citing a weaker profitability outlook after the company unveiled its three year...
This is a statement buy that is changing the shopping mall narrative, and we need to see one in oil and gas next.
Danielle DiMartino Booth on retail: While aggregate retail-announced job cuts fell 21% last year, layoffs within the nation's largest occupation tied to bankruptcies were 60% higher, accounting for a record 63% of retail job cuts; pre-Macy's announc...
The thing about deep value plays is that you don't know when they will begin to rally -- they are hard to time. Case in point: Retail as in Kolh's and Macy's are going in overdrive now! Booyah!
* KSS and M are trading better Macy's announced a further restructuring this morning - which will include 125 store closures and the elimination of 2000 jobs. It looks positive... on the face of it. I have a call into the company and will report bac...
The timing of this morning's rally? Almost simultaneously news broke from both China and the UK of possible drugs to fight coronavirus.
Much of Tuesday's rally is on the backs of hedge funds who -- poorly positioned for the Wuhan coronavirus -- started shorting virus-related stocks right into Friday.
Cryptocurrencies do offer public value in their ability to move stored wealth across national borders in times of crisis.
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
BlackRock's doin' it, Microsoft's doin' it, so all traders should think about ESG-based investing.
If Tanger Factory Outlets doesn't make a big move, the odds of it falling off the Dividend Contenders list will increase.
A fresh look at the Seattle-based retailer.
As contrasted with Macy's which beat comp expectations, Kohl's disappointed. I am adding to KSS under $45 in pre-market trading.
Let's dissect these two concepts that explain why we're rallying like we are now.
What we need to hear from Macy's when they report will be a cohesive three year strategy for growth that sounds drastically better than the last one.
"Macy's performance during the holiday season reflected a strong trend improvement from the third quarter... Customers responded to our gifting assortment and marketing strategy, particularly in the 10 days before Christmas." - Jeff Gennette, Macy's...
Interestingly, the spike in gold prices was indeed mimicked by a simultaneous spike in Bitcoin prices versus the U.S. dollar.
The fieldwork of J.P. Morgan's Mathew Boss, the dean of the retail group, is coming up with some pretty shocking results.
These names were among the stocks chosen for MoneyShow's Top Picks 2020 Report.
Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...
The retail dogs are having their day in the sun. I have been buying and . I expect a further rebound as tax selling is completed this week.
I do believe that Amazon is a long term buy, and even if political pressure does build to break the firm up into smaller pieces, that would be in the end a positive for shareholders.
Toy deflation from Danielle DiMartino Booth: Although the toy industry accounts for a half of one percent of GDP, the growth of inflation-adjusted per capita spending on toys has exceeded total personal consumption for 22 years; the last time real t...
A new CEO at the helm is a big plus, but the retailer's charts also indicate its shares have more upside than downside potential at this point.