Soon after both Macy’s (M) and Kohl’s (KSS) reported negative holiday sales comparisons of greater than 2%, J.C. Penney (JCP) became the next retail name to disappoint investors and analysts alike. J.C. Penney Company, Inc. announced that its comparable store sales for the combined nine-week November and December period resulted in a (0.8) percent decline over the same period last year, which…
Is J.C. Penney’s “Better” Days Behind The Retailer?
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Weekly State of the Market: 2/4/2021
Seth Golden, , Research Reports, 0
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review this week’s SOTM. In...
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Morgan Stanley: Sunday Start | What’s Next in Global Macro
Seth Golden, , Research Reports, 0
The Mid-Cycle Transition Over the past month, we’ve taken a different path than most equity strategists. Rather than getting...
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S&P 500 Turned Away At Overhead Resistance: Macro-Mud Remains
Seth Golden, , Research Reports, 0
It was a headline heavy week that drove the S&P 500 (SPX) absolutely… nowhere. In fact, after a strong...
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Markets Come Full Circle
Seth Golden, , Research Reports, 0
Good Sunday to all Finom Group subscribers! This weekend is our 1 weekend of the month where we do...
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Target’s Shipt Acquisition Is Bigger Than Assumed
Seth Golden, , Research Reports, 0
Amazon (AMZN) bought Whole Foods Market earlier in 2017 throwing retail giants like Target (TGT) and Wal-Mart (WMT) into...
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J.P. Morgan: Stagflation Unlikely; Buy The Dip
Seth Golden, , Research Reports, 0
Cross-Asset Strategy: As we indicated in a previous report, a combination of a strong recovery in demand, easy policy,...
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J.P. Morgan’s Marko Kolanovic: Remain Bullish
Seth Golden, , Research Reports, 0
A question facing most investors today is the outlook for equities, and more broadly market risk. This ties into...
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