|Day Low/High||12.00 / 12.61|
|52 Wk Low/High||4.38 / 17.67|
Even solid numbers can't overcome the price action that is dragging everything down.
The decline in Macy's shares after a strong earnings report could signal a buying opportunity for investors.
Good, clean numbers and metrics (comps +3.1%) at Macy's . The shares are up a beaner after guidance is raised. I recently sold out my M (planning to buy in a market correction) at around to slightly higher current price of $36.71. Macy's was placed...
Why? If savvy investors knew something really positive about the retailer they would have been more aggressive buyers.
Walmart is going to be the hero of our story.
Keep a close eye on same-store sales.
The never-ending strength now seen in the dollar is causing the most pain in U.S. markets.
With Wednesday's sale of Dillard's and Macy's I have no retail longs. Retail has been decimated in the last two trading sessions - both absolutely and relatively. In my view this underperformance likely reflects the recent rise in inflationary pre...
This week I sold and based on the share price increases and the diminishing reward v. risk ratios. I have sold my (the shares have traded up from $31 two weeks ago to $37 today) and (the trading sardine of all trading sardines, now over $76) longs f...
I am not making a long purchase today. But if you don't share my ursine market view I would consider the following at current prices: , , all banks ( , , and ), retail ( and ), and .
* Trading unemotionally and opportunistically I aggressively bought into the very large sell program at about 3-3:30 p.m. All I can write is that it was a wild day with possibly one of the largest intraday moves I have ever seen. These sort of spa...
As noted recently, I have been adding to my retail holdings - and . Jiggy today.
Retail catches a large bid - these were stocks up in a sea of red yesterday and could follow through further. I added to and .
We're all hurt someplace and we're all looking for a painkiller." - Katherine, Looking For Mr. Goodbar As I have previously remarked there is an old trading adage that long trading opportunities often occur in stocks that are green in a sea of red....
These picks boast current dividend yields of up to 8%, and are also extremely likely to soon announce a payout hike to their shareholders.
J.C. Penney looks very similar to Sears and could eventually meet a similar fate.
My two retail holdings - and - are flourishing today after recent weakness. I should probably be adding but I will hold back for now given the market's volatility and sizable morning gain. I am a buyer on weakness.
Sears is sliding into the abyss.
Sears could still put the screws to competitors this holiday season.
Portfolio managers will presume that these stocks can't be as good as they were.
Until Macy's stops going down retail will stay ugly.
Let's take a hard left and head into retail speculation. What tie-ups could change the fortunes of a few names in 2019? Here are three that I see: 1) Potential Target: Funko Potential Buyer: Hasbro Logic: Funko is a toy manufacturer that's focused o...
Today the markets were influenced by the continued disorganization in the White House (the "Orange Swan" is still flying in the air), new allegations against the Supreme Court nominee and a breakdown in trade negotiations between the U.S. and China....
Here is a list of the positions I own (long and short) that have been mentioned in my Diary: Longs: puts, large, small, , small, , large, , small, , , small, large, calls, TWTR large, small Shorts: SPY calls, SPY Large, , small, tagends, small, smal...
Here are a few stocks that could take a residual hit in the third quarter.