I don't expect BBBY's recent post-earnings rally to last.
Let's review the charts for some parameters.
Income investors should be particularly interested in Kontoor Brands, which was recently spun off from apparel giant V.F. Corporation, and offers a first quarterly dividend at a rate of 56 cents per share.
The retailer's shares are jumping after it hired a former Target exec as its CEO, but whether the rise constitutes a breakout gap is unclear at this point.
I think both the U.S. and China 'get' the importance of at least setting up further talks, while coming away with something immediately understood by the public as positive.
Investors need to do what works for them in markets where trading action is extremely random.
Plus, pining for the days of thoughtful price discovery in the markets.
The wholesale club's technical indicators show an extended period of accumulation of its shares.
My overall market posture has been one of leaning toward the defensive. I have no intention of making this stance permanent.
MSC Industrial Direct has rarely been this undervalued, so reward now far outweighs risk.