Consumers account for roughly 70% of economic activity and at this point they are tapped out.
The severe negative reaction to Target's disappointing holiday season outlook illustrates why 2022 has been a tough year for many retailers.
Inflation is likely to stay above the Fed's target throughout 2023 at the very least.
One is a footwear company and the other a drugmaker that was this writer's "top pick" for the balance of the year last spring.
These recently downgraded names are displaying both quantitative and technical deterioration.
The stock of the footwear and apparel maker is careening below our previous price target after offering a weak outlook.
There's a reason I'm just dipping my toe into the online giant for now.
These recently downgraded names are displaying both quantitative and technical deterioration.
As for upside catalysts, COST potentially has two. Neither appears to be imminent.
These recently downgraded names are displaying both quantitative and technical deterioration.