After some rather innocuous economic data yesterday, equities finished the day rather uneven yesterday and across the major averages with the Dow Jones Industrial average the only index finishing higher. Today’s economic data will be highlighted through consumer sentiment and housing starts. The data comes as bond yields are seemingly peaking… for the moment? Bond…
As reported yesterday by the Commerce Department, February retail sales fell month-over-month and for a 3rd consecutive month. It’s important to discern the decline was MoM and not year-over-year as total retail sales continue to grow in the United States. The Commerce Department reported that retail sales slipped 0.1% last month with economists forecasting growth…
Stay away from politics! At least that is what we’ll be trying to do today even as the headlines pour through the media. From the Pennsylvania district race to yesterday’s Presidential firing of Rex Tillerson it’s politics, politics and more politics. I often find that if you tune out a good deal of the political…
Equity indexes managed an uneven performance yesterday with the Dow falling more than 150 points and the S&P off another 3.5 points while the tech-heavy Nasdaq rose once again by .36 percent. The NASDQ has mirrored, of late, the movement of Apple Inc. shares even as Netflix shares recently pulled back on rhetoric the stock…
That was a pretty bullish end to an otherwise fear littered week that centered on two major points of interest, trade tariffs that could possibly lead to a trade war and the Nonfarm Payroll report that brought with it wage inflation data. Prior to these two highly hyped market realizations coming into focus I offered…
That was a pretty bullish end to an otherwise fear littered week that centered on two major points of interest, trade tariffs that could possibly lead to a trade war and the Nonfarm Payroll report that brought with it wage inflation data. Prior to these two highly hyped market realizations coming into focus I offered…...
After a week of choppy waters and since President Trump introduced the possibility of trade tariffs, U.S. equity markets have seemingly calmed down. In the final half hour of Wall Street trading yesterday, President Donald Trump signed two declarations, which would implement tariffs on steel and aluminum imports. The tariffs are expected to take effect in…
https://www.youtube.com/watch?v=TRYzNVH_QYg&t=738s
In Q3 2017, J.C. Penney managed to grow comp sales by 1.7%; this after warning investors that sales would only come in at up .7% due to certain apparel liquidations in the Q3 2017 period. So what actions did the company embark upon to find comp sales growth in both the Q3 and Q4 2017…
After a rather rocky road traveled in the first half of 2017, J.C. Penney sales results improved dramatically in the latter parts of the calendar year. J.C. Penny, a retailer gone awry after decades of success some might say. In 2018, J.C. Penny will look to recapture some of that long lost success. On the…...
