Hours after Macy's (M) announced dozens of store closures and thousands of layoffs, Sears (SHLD) made headlines for a deal to sell its Craftsman brand. TheStreet's Jim Cramer says there are too many retailers and malls with static businesses and called out L Brands (LB) and Kohl's (KSS) . On the other hand, Cramer says Costco (COST) is investible and he likes Walgreens (WBA) , both Action Alerts PLUS holdings.
More from Video
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.