This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Mall Anchors Macy's, Kohl's, Nordstrom Rated Buy

Nordstrom (JWN - Get Report) ($54.11): Has a buy rating and traded up to $58.40 on Election Day then reported quarterly results Nov. 8. EPS missed estimates by one cent at 71 cents a share. The stock traded down to $53.96 on Nov. 12 compared with the 200-day simple moving average at $53.74. My semiannual value level is $45.56 with a monthly pivot at $55.12 and my annual risky level at $58.83. The weekly chart shifted to negative last week with a close below the five-week MMA at $55.42.

Kohl's (KSS - Get Report) ($51.23): Has a buy rating and traded up to its 2012 high at $55.25 Nov. 1. Earnings were a beat of four cents at 91cents a share. This was priced in as shares slumped to a post earnings low of $50.88 on Tuesday. My quarterly value level is $48.16 with a monthly pivot at $50.58 and a semiannual risky level at $54.42. The weekly chart profile is negative with the stock between its 200-week SMA at $50.29 and its five-week MMA at $52.05.

Macy's (M) ($38.90): Has a buy rating and traded up to $41.98 on Nov. 7 in reaction to a 7 cents a share beat at 36 cents a share. Shares then declined to $38.30 on Tuesday. My monthly value level is $28.27 with a weekly pivot at $38.98 and quarterly risky level at $40.61. The weekly chart ended last week negative with the five-week MMA at $39.14.

Other Earnings Reactions

Limited Brands (LTD) ($46.60): Traded up to $48.20 during Wednesday's session testing my monthly risky level at $48.09 where investors could have reduced holdings. The stock traded down to $46.20 in after-hours trading after reporting a one-cent a share earnings beat at 26 cents a share. My semiannual value level is $40.46 with a weekly pivot at $46.81. The weekly chart profile is negative with the five-week MMA at $48.02 and the 200-week SMA at $30.50.

Williams-Sonoma (WSM) ($45.11): Traded up to $46.45 Wednesday morning then traded down to $44.70 in after-hours trading despite a 4-cent a share beat of 49 cents a share. The stock could open below its 50-day SMA at $45.03 this morning targeting my quarterly pivot at $44.38. The weekly chart profile is overbought with the five-week MMA at $45.05 and the 200-week SMA at $29.51. A close this week below $45.05 is a technical downgrade to neutral, and the profile could be negative in another week given declining momentum.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DDS $135.41 0.00%
HD $113.86 0.00%
JWN $79.73 0.00%
KSS $75.31 0.00%
JCP $7.63 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs