|Day Low/High||1.32 / 1.35|
|52 Wk Low/High||0.92 / 4.75|
The next month and a half could make or break this stock market.
Macy's plunged by 18% Thursday after the mall anchor reported that holiday sales for November and December were sluggish. Shares of Dillard's, JCPenney and Nordstrom fell in sympathy, providing trading opportunities.
I would not be surprised if we see a bout of profit-taking in the near future given the sharpness of the recent rebound.
Macy's is leading retailers lower Thursday after reducing fiscal-year guidance.
One of the reasons I have never invested in retail stocks is the heavy use of buzzwords to obfuscate financial performance as opposed to real metrics.
We are going to have to differentiate retail and recognize that Wall Street tolerates nothing disappointing.
This is why using the Philips Curve, in a vacuum, is misleading.
J.C. Penney shares rise after the troubled retailer restates its 2018 cash flow forecasts even as holiday sales fall despite record consumer spending.
The Dow rises Wednesday following three straight days of gains for the blue-chip index.
U.S. stock futures rise and global stocks extend gains amid further signs of progress in U.S.-China trade talks; Donald Trump calls situation at the Mexico border a 'growing humanitarian and security crisis'; CEO Tim Cook insists the iPhone XR remains Apple's most popular product; minutes from the Fed's meeting last month to be released Wednesday.
Retail and housing stocks are reacting to what will happen this spring, rather than Fed fears. This is how to play it.
Shares of Mattel climbed Friday afternoon in a possible market correction, an industry expert says, as the toy maker invests in its own products after relinquishing its DC characters license.
Chairman Eddie Lampert was said to make offer right at the deadline for keeping 125-year-old retailer out of Chapter 7.
U.S. stock futures point to a higher start for Wall Street, following the previous session's late-day rally that wiped off a 600-point loss for the Dow; cannabis stock Aphria soars after receiving a takeover bid; Sears needs a savior - and fast.
JCP dips below a dollar again as the chain continues to struggle against a tide of red ink.
A mutualistic relationship could blossom for malls that need well-trafficked tenants and companies like Dave & Buster's that are trying to expand.
Not sure where to start for your upcoming White Elephant gift exchange? Here are some ideas.
The charts of J.C. Penney do not point to a turnaround.
Experts predict Friday will trail only the Saturday before Christmas as 2018's top U.S. shopping day.
The retail sector is battered right now and that might be good news for stock pickers.
The retailer posts weaker-than-expected same-store sales for its fiscal third quarter and says it will need to repay more than $70 million to customers overcharged on store credit cards.
Walmart can't climb despite an earnings beat on Thursday.
The Dow ends higher Thursday, led by 3M, Caterpillar and Apple.
There's no reason to own J.C. Penney when you can get better-performing rivals like Macy's or Kohl's.
The perception of the majority right now is quite negative.
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