Just when it looked like a bottom was forming in Macy’s Inc (NYSE:M) stock, the bottom fell out … again.
After holding around the $29-level for more than a month, M stock is trading down around 14% on Thursday to under $25 after the company reported a terrifically bad quarter. Macy’s earnings disappointed on just about every metric, and the misses....More>>>
After a few weeks of “spirited” and profitable activity in the middle of September, in which we broke below the eight-week “ultra-tight” range and bounced up, the markets have settled back into the doldrums that have defined the past few months.
In fact, for the past two years, U.S. markets have managed to move from trading-range box to trading-range....More>>>
The Brexit, the Quitaly, generally high unemployment, the ripping apart of the E.U., low stagnating growth, double- and triple-dip recessions — you name it, the Old Country is suffering from it. With that in mind, European stocks certainty aren’t at the top of investor’s lists when it comes hot investment destinations. After all, would you really want to plunk a pile of hard-earned....More>>>
A major jubilee is coming to America soon... Lots of people will be excited about this once-in-50-years event. The crowds will cheer. And politicians will promise new and better prosperity. But what will happen is really a national nightmare. If you've never heard of
The biotech sector recently fell by 8% in three weeks. I believe the bust is overdone. And now is a great moment to swoop in and buy... Biotech was by far the best-performing sector in the last great "Melt Up," when stocks soared at the end of the 1990s bull market. And I ex
The market hasn’t been kind to Exxon Mobil Corporation (NYSE:XOM) lately, as XOM stock is bouncing around a 52-week low near $75 per share. I find it immensely odd that the market rewards companies that experience nothing but annual losses with 11-digit valuations while punishing one of the
Florida based P&C insurance company trading at a 30% discount to book value of $13
Heritage Holdings (HRTG) is selling off on the Hurricane Irma headlines. The shares are now trading at $9, a 30% discount to book value of $13. The market has dumped the entire group, including peers: HC
We believe Dr Pepper's (NYSE:DPS) investment in the Bai initiatives will generate long-term value that is not yet included in the share price. The company has doubled down on this focus with the continued soda tax pressure. In the short term, shareholders will benefit from the compa