Macy's Inc (M)

Now at tagends long in Macy's .

Look for collateral moves higher in retail (after the beat) - is my other long.

Moving down to small-sized Macy's long position in light of changing reward vs risk ratio now.

Macy's beats on comp, top and bottom lines. The shares are trading up by +$4 and I am taking my position down (in premarket trading) from large-sized to medium-sized. Macys was put on my Best Ideas List at $19.39 in mid-November, 2017, and I have re...

Here are a couple of nice long standouts in a sea of red today: Macy's , Box , Wells Fargo and Dillard's (which I have been recently accumulating). On the short side, Apple is beginning to slip -- and, as I mentioned earlier, I had also been adding ...

A couple of upgrades for two of my large longs. JP Morgan raises price target by $3/share to $33 (I added on weakness last week), and KeyBanc Capital goes from $27 to $33 on .

First Boston has reduced its price target on and has downgraded the stock based on the expectation of comp and EPS miss. I have recently added to my KSS short. KSS was placed on my Best Ideas last month (along with ) at $63.38 and is now trading at ...

Today I continued to accumulate shares of retailers (research downgrade) and  , and I am still short , and .

What a day for a daydream What a day for a daydreamin' boy And I'm lost in a daydream Dreamin' 'bout my bundle of joy And even if time ain't really on my side It's one of those days for takin' a walk outside I'm blowin' the day to take a walk in the...

I have traded Dillard's successfully (in a relatively large way) on 5-6 occasions in the last year and a half. I am a buyer today with a scale lower. At $65 I would have a very large position for this relatively debt free retailer that is taking its...

The price of oil has taken a sudden drop - likely based on the uncertainties surrounding the Iran announcement. In response I have added to my and retail longs.

Deutsche Bank made a negative call on retail ( , , et al.) this morning, citing a soft second quarter. The rising price in oil is another headwind.

* It looks like an "inside day" with a narrow trading range for the broad markets. * FANG has no "oomph." * Retail has caught a bid. (I have been adding to my Dillard D and Macy's longs). * Defensive stocks are the worst. * Defense stocks - , and - ...

Retailers and longs breaking out now.

Retail pin action continues to be impressive. This week I reestablished and longs, and took down  short.

Recent retail buys, and , are getting jiggy.

Here are some recent trading and investment moves: * I have added to my  short and I initiated an Alphabet trading short rental last week. * In retail I remain net short but I reestablished my and (acting suspiciously well in the last few days) long...

I have large shorts in Walmart , Kohl's and Target (all of which reside on my Best Ideas List, short). Weeks ago I took large gains in Macy's and Dillard's longs (both are also on my Best Ideas List, long). Today I reestablished small longs in M and...

* Placing KSS at $63.38, and TGT at $72.82, on my Best Ideas List (short) "Retail is still a falling knife. In the U.S., we have three or four times the amount of retail space per person relative to any other country in the world. Consequently we st...