|Day Low/High||51.75 / 53.28|
|52 Wk Low/High||32.72 / 64.95|
Straying from these names could land you in quicksand as the 4th quarter begins.
The charts and indicators suggest that traders raise stops to protect some really good profits after the off-price retailer's strong run higher.
It's incredible how much thirst there is for some warmed over but seemingly fresh ideas.
FDX shares have tended to enjoy a nice year-end run coinciding with the holiday shopping season.
Maybe the reason why analysts have been chary about retail is because they've never seen anything like what's happening right now.
This under-the-radar name reports next week; here is how I am playing it.
We forgot that this nation is a nation based on consumption, not on industry, on sales, not on making things.
TJ Maxx and Kohls had very different earnings narratives from Macy's and JC Penney. Different customer bases might explain why.
LULU is up 70% since March. This is how to get into the name in an intelligent way.
Macy's (+7%) is now moving at ludicrous speed. TJX Cos. and Kohl's report before tomorrow's opening.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
It is all about perception, and here are strong names to pick up on market weakness.
Apologies for the brief interlude as I had a radio interview with Bill Meyer at KMED in Oregon that came in over the transom at the last minute. Bill wanted to talk about the news yesterday that the Fed will raise interest rates another two times th...
With the May Retail Sales report in hand, let's take a look at what it means shall we? Right off the bat, the headlines point to a stronger than expected result with May Retail Sales ex-auto +0.9% month over month vs. +0.5% consensus. That's the se...
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
President's comments walking back China deal undercut stock gains.
A growth-inspired confidence and key double sector breakout. Oh yeah.
These areas have little exposure to China, so buy them on any broad-market dip over U.S.-Chinese trade tensions.
Macy's, Kohl's and other names actually rose Monday despite a terrible tape.
It's not just Gary Cohn putting stocks through the ringer.
Amid Best Buy's 9% growth in comparable store sales for its most recent quarter, Kenny Polcari, managing director at O'Neil Securities said the retail sector is seeing quite the turnaround.
In a month of turmoil, these names have held up well.
With 20/20 hindsight we can see now that TJX has done better than just a recovery.