|Day Low/High||16.80 / 17.56|
|52 Wk Low/High||4.38 / 17.67|
The Finish Line reported a 0.8% increase in its fiscal third quarter same-store sales.
I am now down to tag ends in Twitter , Dillard's and Hartford Financial Services Group . I have taken down Macy's to small- sized. I have added to my Time Warner long. And I have increased Campbell Soup to large-sized.
'This is a wake-up call for brands selling on Amazon: it's truly time to pay attention,' said One Click Retail in their review.
Markets were higher "from flagpole to that's all" today. The Russell Index, which has been lagging, led the markets to the upside. Bond yields were considerably higher (by about four basis points) - and a possible yield breakout and price breakdown...
I re-established a small Macy's long this morning and I added to my sizable Dillard's long. I sold the balance of my small ProShares UltraShort S&P 500 long for a large loss. I just now sold off a small amount of Wells Fargo at $61.01 and also a sma...
Some stocks are rallying while others are falling, and the drivers are simple.
Stocks often don't tell the truth; or at least, not the whole story.
Why don't people believe it? Simple: we are too down.
These names are showing technical characteristics of either bullish or bearish reversal patterns.
Investors don't care where the earnings come from, as long as they actually show up.
Here's our fresh strategy for shares of the embattled retailer.
"Just one more thing." -- Lt Columbo The S&P Index is down by about 15 handles from the afternoon's apex. The Russell Index isn't crowing -- and is hugging break even. I have taken in my extra trading short layer (of ETFs on the Indices) just now. ...
These are the principles I have adopted over the last four decades and I'm sticking with them rather than run with the momentum crowd.
As most of you know, yesterday I sold out my retail longs in Dillard's and Macy's for terrific (20%) gains in only a few weeks. (As an example, when I purchased Macy's at around $19 I made a rather audacious comment that the stock could trade over $...
For emphasis: * I am out of my retail longs, Dillard's and Macy's . * I am down to tag ends in the following longs: Twitter and Hartford Financial Services Group . * I am down to tag ends in the following shorts: Amazon , Apple and Alphabet Finall...
"And I said to myself, 'This is the business we have chosen.'" --Hyman Roth, "The Godfather" To me, stock price deception is seen with more frequency today than in any time in modern investment history. Our markets, influenced by massive central ba...
And on days like today, there can be a lot of it for some investors.
Houskeeping items. With retail moving bitcoin - like, I have eliminated the balance of my Dillard's ($61.68) and Macy's ($24.10) just now. In doing so (and consistent with my other long sales) I have moved further net short in overall exposure. I w...
Housekeeping items. I am now at tag ends in the following longs: Twitter , Hartford Financial Services Group , Dillard's and Macy's . I am now at tag ends in the following shorts: Alphabet and Amazon . I strengthened a large SPDR S&P 500 short...
With Macy's and Dillard's now meeting -- and, in the case of M, exceeding -- my short- term month objectives, I have trimmed the positions further to small in size at $23.50 and $61, respectively.
I just have made sales in Macy's at $23.40 and Dillard's at $60.55 based on the massive moves in the last week. In both cases I am keeping the stocks on my Best Ideas List but I am moving from large to medium in size. I also have made a sale in Ha...
Retail is en fuego. I have been aggressively adding for a week. After large gains yesterday, there are strong gains again today. Dillard's is up $3 after being up $2.50 yesterday. Macy's is up $1.25 after being up $0.90 on Tuesday.
Amid Macy's announcement to retire high coupon debt, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the decision makes him feel better about the safety of the stock's dividend.
I have added to the following longs: SPDR Gold Shares , Dillard's and Macy's .
Macy's is again in the news, this time for buying back high-cost debt in a tender. This is likely an important and postiive sign that the retailer's outlook is far better than the dour consensus expectations I continue to be of the view that Ma...
Great turn in Macys from the lows -- added to this morning. And, another retailer, Dillard's is now +$2.65 as the management takes that company private "one share at a time!"
With 2 key strategies promising some hope for a turnaround, it's worth a shot to go with Macy's this holiday season.
I paid $53.35 for more Dillard's and $20.77 for more Macy's just now.
I have added to my Dillard's and Macy's longs and moved to large in the process in both.
Macy's CEO Jeff Gennette is on CNBC now. He is seeing: * A good start to Black Friday and the fourth quarter * Traffic improving * Inventory is in a good place, allowing for rational pricing decisions/promotions I have been a steady buyer of M.