|Day Low/High||16.36 / 17.13|
|52 Wk Low/High||4.65 / 22.30|
Initiating a position in the burrito restaurant chain requires a bit of caution because of potential supply chain impacts on the company.
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the t...
After a company reports we all know what's wrong, it's immunized. And that's when you can buy.
From Danielle DiMartino Booth: The retail sector is one of the first to be wholesale downgraded by the rating agencies due to the coronavirus; the distinction is the second-order effect as the downgrades spread from brick and mortar retailers to t...
I don't think it would be too much of a stretch to imagine that too many investors, or citizens for that matter, will mind seeing March 2020 head on out of here.
While Johnson & Johnson and other pharma cos. give us hope, here's my wish list to keep the nation safe and the economy ready to go again.
Investors are wise to take a wait-and-see approach amid store closures, furloughs, social distancing and other measures in response to the outbreak.
It's a paradigm shift that all started with Zoom and Cisco's Webex.
I fear that M may not survive the shelter in place economy and a reverse split may not be much help.
Let's talk about opportunities amid the coronavirus crisis, and how Fed Chair Jerome Powell took bold action that puts us in a better position than before.
It's online, off-price, or nothing in the time of the coronavirus.
Is this the end of the world? No. You still need to plan for your financial well-being, even as the CDC tells us 'this might be bad.'
Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.
While it might be tempting to buy any dip, the coronavirus' quick spread, recent downgrades, softness in services and other factors should give pause.
Kraft Heinz, Macy's and Renault have all recently been downgraded, and now the question must be asked: Is this the start of something bigger?
Despite Simon Property Group's view on brick & mortar retail, S&P Global Ratings seems to have a somewhat different view as it downgraded Macy's credit to "junk" status, citing a weaker profitability outlook after the company unveiled its three year...
This is a statement buy that is changing the shopping mall narrative, and we need to see one in oil and gas next.
Danielle DiMartino Booth on retail: While aggregate retail-announced job cuts fell 21% last year, layoffs within the nation's largest occupation tied to bankruptcies were 60% higher, accounting for a record 63% of retail job cuts; pre-Macy's announc...
The thing about deep value plays is that you don't know when they will begin to rally -- they are hard to time. Case in point: Retail as in Kolh's and Macy's are going in overdrive now! Booyah!
* KSS and M are trading better Macy's announced a further restructuring this morning - which will include 125 store closures and the elimination of 2000 jobs. It looks positive... on the face of it. I have a call into the company and will report bac...
The timing of this morning's rally? Almost simultaneously news broke from both China and the UK of possible drugs to fight coronavirus.
Much of Tuesday's rally is on the backs of hedge funds who -- poorly positioned for the Wuhan coronavirus -- started shorting virus-related stocks right into Friday.
Cryptocurrencies do offer public value in their ability to move stored wealth across national borders in times of crisis.
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
BlackRock's doin' it, Microsoft's doin' it, so all traders should think about ESG-based investing.
If Tanger Factory Outlets doesn't make a big move, the odds of it falling off the Dividend Contenders list will increase.
A fresh look at the Seattle-based retailer.
As contrasted with Macy's which beat comp expectations, Kohl's disappointed. I am adding to KSS under $45 in pre-market trading.