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Will Retailers Enjoy a Happy Holiday Shopping Season?

Will Retailers Enjoy a Happy Holiday Shopping Season?

Traditional retailers are jumping as money shifts from megacap growth stocks to forgotten corners of the market. Companies like Williams-Sonoma (WSM), Dillard's (DDS) and Deckers Outdoor (DECK) have outperformed the broader S&P 500 by a wide margin in the last...

Stocks Just Had a Monster Rally. Now Comes the Hard Part

Stocks Just Had a Monster Rally. Now Comes the Hard Part

Stocks just had their biggest rally in 45 years on hopes the coronavirus crisis is ending. Now comes the hard part. The S&P 500 rose 12.1 percent in the holiday-shortened week between Friday, April 3, and Thursday, April 9. It was the biggest weekly gain since...

Coronavirus in the Rearview Mirror? Stocks Rally Big Time

Coronavirus in the Rearview Mirror? Stocks Rally Big Time

Coronavirus kept spreading last week, but investors are trying to look past the outbreak. The S&P 500 surged 10 percent between Friday, March 20, and Friday, March 27. It was the biggest weekly rally in 11 years and followed a major drop the previous week. Every...

Stocks Break Three Week Losing Streak as Trade War Moves Toward Resolution

Stocks Break Three Week Losing Streak as Trade War Moves Toward Resolution

Stocks just broke a three-week losing streak as President Trump and China made progress to end a trade war between the world's two largest economies. The S&P 500 rose 0.6 percent between Friday, October 4, and Friday, October 11. The index also held some important...

Stocks Fell Again Last Week as Trade War Kept Getting Worse

Stocks Fell Again Last Week as Trade War Kept Getting Worse

Stocks remain under pressure as the trade war against China worsens. The S&P 500 was positive for most of last week, but then came a quick succession of events on Friday morning. First, Beijing imposed tariffs on an additional $75 billion of U.S. products....

Retailers Rebound as Earnings Season Ends on a Strong Note

Retailers Rebound as Earnings Season Ends on a Strong Note

Retail stocks rebounded from a selloff last week as investors shrugged off tariff fears and looked for strong earnings into the holidays. Target (TGT), Home Depot (HD), Lowe's (LOW) and Nordstrom (JWN) are among the market's biggest gainers in the last week. Some had...

Stocks Fall Again as Economic Fears Keep the Volatility Coming

Stocks Fall Again as Economic Fears Keep the Volatility Coming

Stocks fell again last week as economic fears continued, but the Federal Reserve may lift spirits soon. The S&P 500 declined 1 percent between Friday, August 9, and Friday, August 16. It was the third straight losing week and kept the index on pace for its second...

Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

Retail earnings are off to a bearish start as unsold merchandise piles up and shopping centers go quiet. Macy's (M) started things on a bearish foot yesterday. Not only did profit, revenue and guidance miss estimates. The tone of its release was also dismal: "Rising...

‘Sell in May and Go Away’ — Is the Saying True This Year?

‘Sell in May and Go Away’ — Is the Saying True This Year?

"Sell in May and go away." Will the old adage work this year? The S&P 500 fell 6.6 percent in May as geopolitical fears and weak earnings hammered sentiment. It was the first losing month of 2019, and included four consecutive negative weeks. Virtually every...