|Day Low/High||6.00 / 6.32|
|52 Wk Low/High||4.38 / 21.58|
Retail, a contrarian investment space, continues on its multiple day roll. Nice move on Macy's and Kohl's this morning - which I have been aggressively buying.
It was a slow, range-bound day with little individual or sector standouts -- to the upside or downside. * Market breadth was better than the indexes indicated (1,800 advancers vs.1,100 decliners). * Nevertheless, like yesterday, the market failed to...
Armageddonists who say otherwise can't be exorcised, but they should be ignored.
This is a market that thrives on certainty. We got it Friday.
As we approach midday, market breadth is quite strong -- at 3-1 positive. Financials and retailers (I added to and ) are upside features. I am bidding for more and . There are 12 more trading sessions of 2019 and just about anything can happen as "t...
Earlier today before all the U.S.-China trade stuff boiled over, I was asked the following question: "Chris, what are your favorite small cap tax loss bounce plays for end of year...that aren't massively fundamentally challenged?" We're in that tim...
And we now have the November Retail Sales report in hand and see it rose 0.2% month over month, missing the expected bump up of 0.5%. Excluding autos, retail sales rose 0.3% in November vs. October and 3.1% vs. November 2018. In looking at the repor...
Nordstrom's cheap valuation, high yield, and promising turnaround plan, should all mean good returns for patient investors.
We can't know exactly how the China-U.S. trade talks or our political battles will play out, but we can see the big ideas that will likely push companies higher.
Mr. Market moved steadily lower as the afternoon progressed and closed on the day's lows. I wouldn't make too much out of the meaning of today's action. * Breadth was almost exactly flat. * Bonds closed a bit stronger with yields down by two basis p...
Sure, many other big box retailers and niche retail names look better for investing, but M offers some fantastic volatility for a play.
The question is whether M can continue to fork over a dividend of its current size.
Sarge is a great writer. I especially enjoyed his column (and discussion of Macy's ) today! Lets go to the tapes.
I have added to both and . While acutely aware of the demise of the department store (see Jim "El Capitan" Cramer's column), I believe strongly that the current share prices have discounted this thesis which is extremely well recognized.
100% of all revenue producing models eventually fail unless there is some evolution. Adapt or else.
The debacle can only accelerate, the demise hastened, happy new holidays.
How companies talk about tariffs is becoming a defining characteristic going forward.
These are the 10 reasons why we keep going up, despite all the bad news.
The direction of the apparel maker's shares should remain positive based on its technical signals.
We're seeing lots of companies snapping up their peers, and the market is applauding.
Of the department stores, JWN may be best positioned to make a long-run move.
The difference between anchors comes down to execution and inventory along with in-store experience.
Macy's is up by +5% in today's trading session. I briefly highlighted the EPS report this morning and I will expand on my analysis next week. Today's up move makes my Trade of The Week move from a horrible decision to just a bad choice.
From Neil The Real Deal on Macy's https://realmoney.thestreet.com/dougs-daily-diary?published[value][date]=2019-11-22&author=All#macys-update-20191122
Although I am on the road at research meetings, I wanted to briefly comment on the Macy's results. (Macy's was our Stock of the Day on Thursday). Not unexpectedly, Macy's lowered forward guidance. Same-store sales in the third quarter of 2019 came i...
Retail has proved a volatile industry as tastes and trends change -- and now there are some signs that Amazon shares could be turning vulnerable, too.