Stay updated with breaking news from Data feed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
I am brian sullivan. And we come into the month on a sixmonth win streak for the dow. But thats not how this month is starting. Heres a look at how your money looks right now. The dow down a lot, not a lot 47 points, given what is going on with oil, tyler, it is no surprise that chevron and exxon are two worst performers in the dow. Much more coming up. Oil a big story today, brian, as you point out. Welcome everybody. Im tyler mathisen. Heres what else is happening this hour in your financial world. Crude oil falling below 40 a barrel for the First Time Since april. Oversupply and economic worries continue to pressure crude. Its down more than 20 from junes 2016 highs. And the gaming slump continues in macau. The chinese territory reported its 26th consecutive month of declining gambling revenue in july. The slide has impacted u. S. Companies that operate over in macau, like las vegas sans and wynn resorts. And googles next goa ....
For nine straight sessions, seven of them were record closes. That was its longest winning streak in some time. But earnings came in mixed, and the European Central banks decision not to add stimulus to that regions economy weighed on sentiment and pressured stocks. The Dow Jones Industrial aver lost 77 points to 18,517. The nasdaq was off 16. The s p 500 fell 7. Dow component visa could set the tone for tomorrow. The Worlds LargestPayments Network operator reported a steep drop in quarterly profit and added 5 billion to its stock buyback plan. Visa did earn 69 cents a share. That three cents better than estimates, but if you include charges related to an acquisition, profits were actually 76 lower than a year ago. Revenue at 3. 6 billion, slightly below ....
Seven of them were record closes. That was its longest winning streak in some time. But earnings came in mixed, and the European Central banks decision not to add stimulus to that regions economy weighed on sentiment and pressured stocks. The Dow Jones Industrial aver lost 77 points to 18,517. The nasdaq was off 16. The s p 500 fell 7. Dow component visa could set the tone for tomorrow. The Worlds LargestPayments Network operator reported a steep drop in quarterly profit and added 5 billion to its stock buyback plan. Visa did earn 69 cents a share. That three cents better than estimates, but if you include charges related to an acquisition, profits were actually 76 lower than a year ago. Revenue at 3. 6 billion, slightly below expectations. Shares volatil ....
For not being a natural born citizen unless he cleans up his campaign. Day,l news 24 hours a powered by 24 hundred journalists around the world. Im mark crumpton. Im emily chang and this is bloomberg west. Coming up a rough ride for the markets. Tech stocks feeling the pain. Investors say valuations have further to fall. Why chi wants dude to bring back in stock. And Silicon Valleys attitude problem. First, to our lead. Another week of extreme volatility as companies adjust to a new reality. Triggerhappy investors are ready to sell on the slightest instability. Even socalled bangs stocks are not safe. Amazon and netflix among the biggest losers. Activision and pandora plunging off the back of their latest reports. How do we talk about what is going on in the markets . My guest host for the hour to discuss, keys rob y, and Paul Kedrosky in san diego and oliver new york. Oliver, ....