I would be a tough buyer on Macys, but...I would be a very tough buyer on Macy's, but around 24.07, not before nor after. Have a Good Trading Week, Learn how to beat the market as Professional Trader with an ex-insider! Cream Live Trading, Best Regards!Nby wildcreamlifeUpdated Mar 23, 20182
Macy's- EarningsMacy's earnings report will probably be disappointing like most retailers this year. Looking to short.Nby jadotscottUpdated Nov 9, 20172
Top of Bearish channelTraditional retail is failing in a bullish market. Will plummet when bull market ends. NShortby cwarnerMar 22, 20181
Macy's Bullish BetLooks like Macy's is ready to go up: 1) Price broke above 200 EMA, and holding above it; 2) Down trend line broken; 3) RSI finding support at 50% First Target 27$ - 27.80$ area, if broken next target 30.25 Stop Level 2 days close below 23.70$ or a 2% break below it ( 23.22$)NLongby EliarichUpdated Feb 28, 20181
THE WEEK AHEAD: M, BBY, OIH, VIXEARNINGS ANNOUNCEMENT/VOL CONTRACTION PLAYS: M announces earnings on 2/27 before market open. Preliminarily, the March 24/30 short strangle is paying .84 at the mid, which isn't very juicy. Given the size of the underlying, it may be more amenable to a short straddle or iron fly, with the March 9th 27 short straddle paying 2.95 and the 23/27/27/31 iron fly paying 2.13 with the longs camped out around the 16 delta strikes. I would shoot for 25% max profit or .74 in the case of the short straddle; .54 for the fly. BBY announces on the 1st of March before market open. The March 9th 20-delta 66.5/81 short strangle is paying 2.05 at the mid, with the defined risk variant 63.5/66.5/81/84 iron condor paying just a smidge short of one-third the width of the wings -- .92/contract. HIGH IMPLIED VOLATILITY EXCHANGE-TRADED FUNDS: The exchange-traded funds screened for percentile greater than 70% and ranked by percentile are IYR (background 20%); XLI (background 20%); FXI (background 26%); EEM (background 22%); and XLU (background 18%). Ranked by background implied: GDXJ (33%; 33rd percentile); XOP (32%; 64th percentile); OIH (32%; 80th percentile); GDX (28%; 42nd percentile); and EWZ (28%; 19th percentile). Generally speaking, I like to pull the trigger on a premium selling trade when the percentile is greater than 70% and the background implied is greater than 35%, so I would pull the trigger on an OIH setup here, even though it's slightly short of that 35% background metric. Here are a couple of possible plays: Neutral Assumption/Undefined: OIH April 20th 25 short straddle Probability of Profit: 54% Max Profit: $224/contract Max Loss: Undefined Break Evens: 22.76/27.24 Notes: Look to take profit at 25% max or .25 x 2.24 or .56/contract. Intratrade defenses: roll of untested side toward current price, delta hedging. Neutral Assumption/Defined: OIH April 20th 22/25/25/28 iron fly Probability of Profit: 44% Max Profit: $176/contract Max Loss: $122/contract Break Evens: 23.22/26.78 Notes: As with the short straddle, look to take profit at 25% max or .25 x 1.76 or .44/contract. Intratrade defenses: Delta hedging. THE VIX After this recent pop, I'm still watching the VIX and VIX futures term structure to return to its ordinary "contango look." While the structure has returned to contango if you look at the March, April, and May expiries, May is in backwardation relative to June, June in contango relative to July, July in backwardation relative to August, with the remainder of the structure in contango. Nby NaughtyPinesFeb 25, 20184
Trade Idea Of The Week MACYS INC (M)Forgot to post this yesterday, but we have been in this trade since Friday with some puts trying to ride this market during this large pullback. I am still going to post this because even with this bounce today I still think it has more room to fall. Last week there was a huge turning point in momentum and the selling volume started to pick up. With the signs of the overall market weakening we decided to go bearish. We will ride this trade until the short term trend is broken on the 15minute/30minute candles. Best of luck!NShortby StrengthTradingUpdated Feb 6, 2018222
Selling Macy's due to runup in all stocks... Profit taking... I think there is big drop coming in all stocks... indices are topped off ... ready for a spill overNby mazdakiFeb 1, 20181
M swing trade?Good volume and strong lower wicks right on top of huge support. This could make the case of a nice swing trade in the making. If it breaks the lower wicks ride it down hard people in trap city.. If it shows any sign of strength let it ride. Nby carley621Jan 9, 20180
Fib RetraceM, two large red candles formed following an upswing, needs to relax a bit, still learning Price Target: 21.70 Stop Loss: 24.90 TimeFrame: 2nd of FebNShortby YSphere_TradingUpdated Jan 8, 20180
M long if 25 holds or short below 24.50M right by a critical decision point so this could be interesting.Nby wave3tradingDec 6, 20173
MACY'S SELLMacy's is going bankrupt. Say goodbye in the next couple yearsNShortby LAfxtraderDec 5, 2017222
M could be a short if it can sustain above the 200 EMA lineM is hitting both the resistance line and 200 EMA line so a lot of resistance. If it can not stay above the 200 EMA line, it could be a good short.NShortby wave3tradingDec 1, 20171
Brick and mortar stores are all oversold... It is time to buyI'm starting with Macy's the technical are turning around... my own personal experience with their app and purchase was superb in the last couple of days... they will do well in the long run if they are not bought out by online retailer... I have a feeling that many brick and mortar stores will be taken over by high growth low margin online outfits like amazon... NLongby mazdakiUpdated Nov 30, 20173
bullishi am bullish this stock target 35-38 this stock gives good dividend yield tooNLongby FostijnNov 26, 20172