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Summary Larger surprises were in vehicle and restaurant sales as economic activity continues to exit the COVID era. Unexpected and significant retail sales gains occurred in vehicle sales and restaurants. Past economies have expanded at much higher rates. Real Retail Sales...
Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Catalyst watch for the week of February 19. Seeking Alpha Director of News, Jerry Kronenberg gives a rundown of the catalysts for the week including FOMC minutes. Seeking Alpha Associate News Editor...
Summary Economists were expecting a sharp recovery in US retail spending in January, but the actual number blew past even the most optimistic forecast. The strength in retail spending and payrolls in January conflicts with a variety of broad business-cycle indicators that reflect a weak...
Retail sales were up 3.0% in January to top the consensus expectation of analysts as consumers showed strength in the face of inflation and macro pressures. The auto categories were strong during the month with a 5.9% month-over-month jump and 2.8% year-over-year gain. Those numbers bode ...
Summary Over the past couple of months, we have seen a clear downtrend emerge in the coincident measure of economic growth, suggesting we are on the path to recession. Inflation is also clearly rolling over. However, this is not the case within the labour market nor the services sector,...
Pockets of the retail sector underperformed on Tuesday ahead of a wave of earnings reports that will pour in over the next few weeks. Off-price retailers Ross Stores ( ROST ) -2.15% , TJX Companies ( TJX ) -1.79% , and Burlington Stores ( BURL ) -2.14% , and Big Lots (...
Summary The Container Store looks to benefit handsomely from the looming bankruptcy of competitor Bed Bath & Beyond. A 10-year low valuation could support a multi-year run higher for the share quote. Strong levels of operating profitability and store count growth are other posit...
Summary Much of the 2022 flavor of the polycrisis focused on the danger side. But there are opportunities to be explored as well. As we look ahead to 2023, we are at the same time mindful of the potential threats that await and the opportunities that may present themselves as everything...
Summary The first month of 2023 (and the last month of the retail industry’s Q4 2022) saw America’s largest party supply store file for Chapter 11 bankruptcy, a move that the StarMine credit models had predicted about a year ago. According to StarMine, Bed Bath & Beyon...
Summary The debate about globalization will be interesting as companies increasingly seek alternatives to China and return to more domestic suppliers to solve their global supply chain glitches. The EV earthquake from Tesla’s price cuts is still reverberating, and it will be inte...
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2024-07-08 11:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-28 12:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-03-09 06:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...