Using a stock tool that says, yes. Me list yashgs after sulissa go out on a shopping spree. But if you choose wisely, there could be some money to be made. Now using a quantitative tool looks at market action. We looked at past occurrences when the retail etf has fallen 7 or more within one month as it just has. That has happened 12 times since 2009. Now no clear signal for the xrt itself about half the time it continues to lose ground. But we did find some good individual stocks. Now as for macys, nordstrom and jcpenney, they only post rebound gains of 67 of the time. But when they do rebound, theyre good for 2 and 3 average returns sprerespectivel. There are special i dty and dist names. The names are more reliable bouncing back one week after the xrt loses p 7 or more within one month. So look for names like tjx and ross stores. Head over to cnbc pro for more on other parts of the Consumer Sector that tend to bounce back. All right. Thank you for the data dive. Lets get to bob pisan
If it holds. It could lead to a rally of sorts, and thats exactly whats happened here in the last hour here. We have a sense this was coming from the european session. You would have gone through the news flow about aid for Banco Espirito, some of the geopolitical stuff thats extremely troubling. Things would look different today. Not the case. Even oils struggling to catch a bid. Investors are awaiting a key Earnings Report from aig, due out in about an hour. It has a new ceo coming in less than a month and is trading at idiscount to peers. The numbers could definitely move the stock. Well have the information first and your analysis right away. All right, also, the president taking more shots at some of his favorite targets, namely wealthy businesspeople. I mean, if youve been watching television today, you know what he said. If you havent, then you will hear more of those comments where he told ceos essentially to stop complaining. Plus, well take a closer look at the president s re
Are you looking at . As you give us the eps number, it matches estimates, but the sales number is a big miss. Comparable sales, spain samestore sales was down 1. 6 . Analysts were looking for a gain of 1. 3 . What happened in the First Quarter was the weather issues. Frigid temperatures in february. Multiple winter storms. Amateurs were much colder in february than they were in the previous year. A late easter as well. Inventory buildup that carried over into the First Quarter and macys had frequent oneday sales, giving you an indication of how frequently they had to markdown merchandise to clear store shelves. That pressures margins as well. In terms of growth margins, 30. 9 for the quarter. Higher than what analysts were looking for, 38. 7 . The key much the same as it was one year ago. Samestore sales number caught my eye, and unexpected drop of 1. 6 . What we hear from macys is they have raised the Share Buyback by 1. 5 billion, and it is also increasing its dividend by five percen
Will rise. Only 5 think it will crash, but this poll suggests the general public is less optimistic than investment officials. I dont know if thats a counter indicator or not. Well talk about that. In the meantime, if you are looking for a vote of confidence, you can check out the Corporate Bond market. Buyers of corporate debt are looking at comparable bonds since 2007. Theyre on pace to surpass last years record. Sales of Investment Grade bonds are already at the highest ever. These statistics are all evidence of bond buyers increasing effort that companies will repay them. Andrew, good morning. Hey, thank you, becky. Good morning to you. Hope you have a great weekend. We have Corporate News including a headline. I imagine were talking about a lot today. Aig reportedly valuing its Aircraft Leasing business at 4. 5 billion. We have them tomorrow. Aig boss Bob Benmosche will talk about it. Workers at amazons german operation is going on strike today. Its part of a longrunning pay dispu
TOMS Capital Investment Management LP acquired a new position in AerCap Holdings (NYSE:AER – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,794,000 shares of the financial services provider’s stock, valued at approximately $133,330,000. AerCap accounts for approximately 5.5% […]