|Day Low/High||15.79 / 16.75|
|52 Wk Low/High||4.65 / 22.30|
Let's dissect these two concepts that explain why we're rallying like we are now.
What we need to hear from Macy's when they report will be a cohesive three year strategy for growth that sounds drastically better than the last one.
"Macy's performance during the holiday season reflected a strong trend improvement from the third quarter... Customers responded to our gifting assortment and marketing strategy, particularly in the 10 days before Christmas." - Jeff Gennette, Macy's...
Interestingly, the spike in gold prices was indeed mimicked by a simultaneous spike in Bitcoin prices versus the U.S. dollar.
The fieldwork of J.P. Morgan's Mathew Boss, the dean of the retail group, is coming up with some pretty shocking results.
These names were among the stocks chosen for MoneyShow's Top Picks 2020 Report.
Some market highlights today (in my book): * Kraft Heinz sneaking back to the old highs. *Cronos Group and Canopy Growth Corp (a helluva trade off of the morning lows) are cannabis leadership. * Cannabis spec basket still ++. * The iShares Barclays ...
The retail dogs are having their day in the sun. I have been buying and . I expect a further rebound as tax selling is completed this week.
I do believe that Amazon is a long term buy, and even if political pressure does build to break the firm up into smaller pieces, that would be in the end a positive for shareholders.
Toy deflation from Danielle DiMartino Booth: Although the toy industry accounts for a half of one percent of GDP, the growth of inflation-adjusted per capita spending on toys has exceeded total personal consumption for 22 years; the last time real t...
A new CEO at the helm is a big plus, but the retailer's charts also indicate its shares have more upside than downside potential at this point.
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.