We have a pretty low risk trade here. You can look to buy way out of the money calls for dirt cheap after the earnings report for $COST. Upside is crystal clear. Even though this stock isn't such a good value pick, as say, $KSS (which has been nothing short of amazing so far), it's still a good contender to catch up to the retail rally it's been lagging. Good...
GREAT LONG-TERM TECHNICAL PICTURE, SOME RECENT WEAKNESS - Long term uptrend took us to historical high on October 6, 2016 - Gentle uptrend over the past 6 months with a breakout late Sept. - Some short term weakness since the top, but still in breakout mode SOLID, PRICEY FUNDAMENTALS - Continues to impress the investment community - 87.5% of consensus has a buy...
Expect we partially recover from the weakness over the last day. Prior support around 53 may serve as resistance. And then a lower low, hopefully down to 48.5.
Morrison Supermarkets has outperformed the FTSE 100 index by over 10% in the last 3 months. The shares are also outperforming their sector index in the same period. The shares have completed a base pattern on the weekly charts and look set to keep pushing higher over the medium to long term.
KSS had a great season with good growth. Improved retail spending is sending revenue streams higher. First target is anywhere over $50. Final target if $50 breaks is $60 for 2016.
Retail earnings are in full swing this upcoming week! Here is a TA based version of my expectations for the week. In previous quarters the strong USD and the slow down in Consumer Spending hit profits hard. With retail sales up throughout the quarter and consumer confidence at 2016 high, all around beats are expected. Driving retail market capitalization back...
Bad forecast on EUR (German retail sales). Selling at supply level.
Let's wait for what the Census Bureau will give us :) 1. Actual > Forecast - most of us will think it's good for Dollar :) let's see 2. Friday will add some confusion 3. Having a bear at a lunch time on wall street? well not sure, however friday new's are normally so "short term"! 4. As a traders do care, let's see :) TA view is the same!
HVF pattern developing. A macro perspective: short BBY long-term simply because of online retail dominance for tech products. I'm skeptical that brick and mortar retail will survive. BBY prior CEO placed a cost focus strategy that the new CEO has agreed and does not plan on changing. Cost focus strategies does not help with growth unless the company was operating...
diversify with long micro cap and short/retail maturing/rsi weak/money flow bad/macd and stoic about to cross/weak group/
spanking continues. not the good kind. break/bounce? take some profits on puts before close. play w/ house. retail getting smoked
2 closes below cloud/target 61.60/stop close in cloud/ relative strength weak/stoc crossed/adx starting trend/money flow decreasing/below 8 ema goal line/below 50/
cci and percent r at bottom see in our book on amazon for reasons.stoc crossed-adx right-relative strengty weak- stop loss top of cloud diversify among short candidates mix long and short always stop loss long and short
stoc crossed volume confirm-group weak-stop loss 50 ma-cci and percent r bottom-relative strength weak
CCI AND PERCENT R BOTTOM RANGE SEE INOUR BOOK THE REASONS ON AMAZON HAVE SHORT AND MICRO CAP LONGS-RELATIVE STRENGTH WEAK-MONEY FLOW DECREASING-STOC ON DOWN SIDE-CLOSE TO BREAKING 50 MA-WEAK GROUP
We can enter shorts aiming to capture the anticipated sharp decline into earnings. Macy's reports one day before the 'Time at mode' downtrend signal here expires. The two targets seem quite realistic in my opinion, might be a home run trade, don't miss it! If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a...