Macy's Inc (M)

* 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...

"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 start with a very great supply. We have built an enormous number of obsolete...

Last week's "Trade of the Week," shorting the Market Vectors Retail ETF and individual retail stocks is starting to be profitable. RTH is -$1.60. I steadily expanded these shorts last week. With the sale of Dillard's and Macy's two weeks ago, I have...

The retail short was my Trade of the Week. The stocks have been volatile all week (I added to my shorts on the strength of two days ago) - today the rollover seems to be continuing. and , my prior two longs, also seem to be breaking down.

The Nordstrom family has proposed a $50 going private transaction for the retailer which has been rejected by the special committee It is now up to the family to determine if they will raise the offer. I had expected a low bid I suspect retail will ...

Repeating for emphasis -- I am out of both and , and with my short I am net short the retail space now. All three are on my Best Ideas List (M, DDS longs and WMT short) -- as I would be a buyer of M and DDS on weakness in a market correction. M was ...

As night follows day, investors got bullish on the retail sector early this week - but only after an amazing run higher since November/December. Why not? Their charts looked great and comps were beating expectations. But, to me this was a "first lev...

I have been concerned about a likely low price -- if achieved -- in the Nordstrom buyout. And the possible ramifications on retail stocks (I have sold out my and holdings on the recent strength). According to the New York Post the financing is not a...

Nordstrom shares turn negative after gapping higher. As I mentioned earlier I expect both and to follow suit.

Here is what I wrote yesterday on Macy's in quarterly preview: I expect that M's quarterly results will exceed $2.75/share, above street consensus of $2.68. Comps were likely about +1% in the quarter (consensus is +0.7%). The Street is at about $3.0...

I expect both Macy's (+$2.69) and Dillard's (+$6.07) to trade off from current lofty levels in the premarket trading (in response to better than expected quarterly results). Regardless of one's market view, premarket trading levels in these retailer...

On today's early and sharp ramp in retail stocks I have sold out the balance of my and longs. (I remain concerned about a possible low takeout price which could adversely impact the group over the short term.)  I would be a buyer of both stocks in a...

Late last week I reaped much of my profits in the retail space -- reducing large holdings in Macy's and Dillard's . After speaking to the companies and further research I wanted to update the fourth quarters that will shortly be released -- remember...

I am further reducing my Macy's  stake to small sized now, in my pursuit to get very liquid with large cash reserves.