Nordstrom ( JWN) ($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) ($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.