|Day Low/High||6.87 / 7.26|
|52 Wk Low/High||4.38 / 18.57|
From Qualcomm to Macy's, Jim offers his conclusions from a day of talks with company executives.
Much of the world has had their way with the US for so long...perhaps this effort will be well worth it.
While some investors are using the current rally in Macy's to take profits, here are 3 reasons why I'm staying long.
M has soared northward in recent days so we can 'tweak' our strategy.
I have sold the balance of my Macy's long at $40.40 just now. I placed M on my Best Ideas List only 7 1/2 months ago at $19.39. It has been a wonderful parade. But, all parades end.
I plan to reduce the size of my Macy's long position from medium- to small- sized today, given the rapid climb in the share price and the reduced reward v risk.
Tech and retail gains aren't enough to lead markets to new highs.
Don't know if it's true, but high above the Alps my Gnome is hearing that Macy's may be considering monetizing some of their real estate assets. The shares are flying, trading near $40 (+$3) - I recently added. Macy's was put on my Best Ideas List o...
With about two hours to go in the trading session, stocks remain elevated. Bonds are +4 basis points in yield, energy prices are weaker (crude down by a beaner). Gold -$2, copper + but agricultural commodities are taking a licking (wheat -17, corn -...
All of what happened this week has had quite the impact on Treasury prices, US dollar valuations, and commodity prices.
Some caution is warranted with Macy's as retail stocks are seeing gaps both up and down,
One by one, in what is a very short period of time, Dick's checked off every single box needed to stymie Amazon from crushing it.
Late yesterday I had some positive words for retail stocks: The one invest-able area that is an immediate beneficiary of Italy's debt crisis is the retail space -- as the second order impact is to result in lower inflation, reduced interest rates an...
The one invest-able area that is an immediate beneficiary of Italy's debt crisis is the retail space -- as the second order impact is to result in lower inflation, reduced interest rates and an improvement in disposable real income. These factors wi...
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
Your best defense against markets that twist and turn in undesirable ways is to know what you are trying to accomplish.
I am most pleased with my material sales of and recently. Today M is down by 3% in the face of an untimely brokerage upgrade. DDS is down by another -$4 to $76 - and well below this week's last sale of $83. I am not pleased with my short cover of at...
Kohls , which leaped by over +$4 in premarket traders is now -$1.50 as the company reveals that there was a 320 basis point benefit from a friends/family shift. So real comps at the retailer actually missed. This is a lesson to traders - always thor...
The growth driving many U.S. companies shares is disproportionately centered in China.
I have reduced my Dillard's long to small at $77.70. I am maintaining Macy's and DDS on my Best Ideas List as I would be a buyer of M under $32 and DDS at under $70.
Clearly, there are good things happening in this sector.
I have been steadily raising my holdings - as recently as yesterday. This morning the company beat sales by about $30 million and the bottom line beat by $0.12. I expect DDS shares to flourish today after the beat to expectations - much like Macy's...
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks investors should be watching the semiconductor space led by Micron Technology and the retail space led by Macy's on Wednesday.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending stocks from the floor of the New York Stock Exchange.