Toys R Us refuses to die. The hedge funds that own the debt of the bankrupt toy retailer decided to cancel an auction of assets and instead plan to revive the brand and even open new retail outlets. The prospects of another Toys R Us revival could become symbolic: the timing coincided with what looks like a top in retail stocks as represented by the SPDR S&P...
Article Link: aicody.com ASNA is a long-established ecommerce and store retailer, which appears to be solidly back in the competition in such a highly competitive space wherein companies often face operational challenges such as Sears, forced to be merged or acquired such as Versace, or go out of business. However, ASNA's recent financial statements, 57 years...
The S&P 500 proved up to the challenge of its 2800 support. AT40 also pulled off its recent lows. It was another picture-perfect rebound. "Another Picture-Perfect Rebound Ends Stretched Conditions" drduru.com $SPY $QQQ #AT40 #T2108 #VIX $TSLA $AAPL $OSTK $JCP $JWN $AMAT $SMH $CAKE $CMG $DE $MYL $TEVA $P $RDFN $Z $YELP $XLP $STUDY
Shares of JCP are back to their lows, setting a marginally lower low than before. Even so, I think this is a zone to buy against. The blue line represents its previous low. The lines of various shades of pink are extensions of previous swings, all of which suggest downside targets that are similar, thereby strengthening the area/levels. The green shaded box area...
JWN seems breaking down nicely with huge moneyflow divergence. Trade Criteria Entry Target Criteria- Break of $47.87 Exit Target Criteria- $40 Stop Loss Criteria- $52.13 Option - $50 May/Jun Puts You can check detailed analysis on JWN in the trading room/ Executive summary link here- www.youtube.com Time Span- 6:45" Trade Status: Pending
Expect we partially recover from the weakness over the last day. Prior support around 53 may serve as resistance. And then a lower low, hopefully down to 48.5.
$JWN descending broadening wedge on daily. But can it break the 200?
With broad market volatility ebbing, the place to sell premium is with earnings plays for now. Next week, look to put on options plays shortly before the earnings announcement to capitalize on post-announcement volatility contraction. This little fellahs currently look best for plays: LC: 5/9 (Monday) after market close. Due to the price of the underlying,...
Closed above the all time high. Good volume, good candle.