The most viewed retail stocks on TradingView Now that New York Fashion Week’s over, we decided to have a dig about in our data to see what interest retail stocks have been creating recently. Turns out – as lockdown measures have eased – TradingViewers have been looking to buy the dips in ecommerce, luxury, and retail more generally.
We found that, perhaps unsurprisingly, Amazon was the most-enquired about retail stock in every US state between March and August. Meanwhile, Walmart, Alibaba, Shopify, Costco, Home Depot, Target and Lululemon were among the top five most popular retail stocks in nearly every state.
Our data team also found that nine high-profile US retailers enjoyed an average increase of 70% more enquiries on TradingView over the past six months – with Kohl’s (106%), Target (103%) and Levi’s (100%) the biggest gainers.
Bad news for runners though: enquiries about Nike stock only grew by 20% overall and actually fell by up to a quarter in some states like Ohio and Oregon.
In the luxury retail sector, Farfetch, the British-Portugese online platform, was the best performer, showing a HUGE 492% increase in American searches on TradingView between March to August. That’s far more than any other retail brand, luxury or otherwise.
Finally, interest in jewelry-maker Tiffany spiked in June following LVMH pulling out of its $16.2bn, takeover – touted as the biggest ever in the luxury sector – due to “tariff threats”. But the same cannot be said for LVMH itself, interest in which dropped by 56.1% across the six-month period.
Retail
AZO may run up to earningsIn my opinion, AutoZone is overvalued and the company's balance sheet is problematic. (Current liabilities are greater than current assets, giving the stock a negative book value per share.) However, the book value is bad partly because management has opted to buy back shares rather than pay debts, which is good for share holders and for the stock price even if not for the financial health of the company. Also, the odds look good for Autozone to report strong results and to deliver strong guidance on its upcoming earnings date. In August, the price of used cars rose 5.4% on the CPI report, and parts were one of the fastest growing categories on the PPI report. We're headed into a recession economy, where people will buy used cars and fix them rather than buying new. That should be great for parts retailers like Autozone.
$JCP $JCPNQ At a Precarious Make or Break PointThe Company recently filed for bankruptcy. Some calling it the next Hertz, but it might turn out to be the next Sears instead. Either way we're just looking at the technicals, and that usually tells the story on whether its a good flip or swing trade and usually it would be, for a few days.
However this one has shown the gains go as fast as they come and precaution needs to be taken on jumping the trade, the timing has to be impeccable as the algos are quick to take it back down.
Trade with caution.
Macy's "M" Long, bouncing off fib retracement today.Sector rotation out of tech and into laggards started on Aug. 4/6, and beginning of Macy's uptrend. After a very strong week, we've seen some pullback yesterday and today. However, there was a bounce at ~$6.80 a share today at the 50% Fibonacci retracement level. I expect this to continue to rise over the next few days and weeks into the $9-$10 range retesting the June highs. Some support above the 50 MA. Also see a hammer candlestick pattern forming today.
American millenials being idiots again 😂Extremely bad traders with astonishingly poor intelligence from burgerland fomo'd and dreamt of lambos then decided to baghold once again, and are suing the struggling dying company to maybe get 1 or 2% of their money back (they don't know it yet they dream they can get the full amount back).
Gives us something to laugh about, while the number of USO baggies is slowly going down as USO share price slowly goes up (and they are able to breakeven).
Here is the story of a bagholder that ate extreme losses on Robinhood in his late 20s. Not from the recent Kodak move, have not found the stories yet, but it's always the same anyway. An individual from San Diego, California, which is probably the bastion state of robinhood millenials, I estimate a good 1/3 of users come from there.
www.nytimes.com
"Mr. Dobatse, now 32, said he had been charmed by Robinhood’s one-click trading, easy access to complex investment products, and features like falling confetti and emoji-filled phone notifications that made it feel like a game. After funding his account with $15,000 in credit card advances, he began spending more time on the app.
As he repeatedly lost money, Mr. Dobatse took out two $30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay off his debts. His account value shot above $1 million this year — but almost all of that recently disappeared. This week, his balance was $6,956."
So he gambled and got lucky and made very quick very huge gains and thought he was better than George Soros then lost it all and never had the clarity of mind to get out, and now has an additional 68k in debt. I am sure he believes in socialized losses and is a big Bernie supporter.
In 1 article they quote someone from twitter "So he wanted to "trade to pay off his debts" but then kept trading after earning more than enough to do so and then lost it all. The psychological consequences of realizing you are dumbass should be dire.". Exactly.
Back to Kodak. Karma is beautiful as ignorant californian socialist tech savy 25 year olds bought this stock following the government (the thing they love so much) making a socialist loan to dying kodak (rather than let them die and allocate capital efficiently), and then the government took the loan away as fast as it gave it. 🙂
I wonder how many davey day trader global day traders bought Kodak and held. Did Dave Portnoy? Saw him get excited at Kodak when the price went up but do not know if he bought.
After hundreds of thousands of awful dumb gullible young investors piled into this piece of garbage, the one and only I present Senator Elizabeth Warren, also known as Pocahontas, called for a greater investigation by Congress, because that's so their job. What investigation? Same story as usual.
Why is the government focus all on protecting idiots? Rather than spending time on the strong. That's like a pro investor that would always invest in the weakest worse companies and ignore or even tax the strong ones. What a waste of time and counterproductive thing we have going. At least they get those idiots to vote for them.
Screw the US economy. This sinking ship is going to collapse faster than the Titanic.
I don't think I will ever invest in a US stock.
This never gets old.
My joy is great and my satisfaction is immeasurable.
Buying opportunity in CVS after Walgreens earnings bombCVS is pulling back in sympathy with Walgreens after WBA earnings were a dud. However, the adverse impact on Walgreens sales was "almost entirely from the company's non-U.S. businesses," according to the company's report. CVS operates almost exclusively in the United States, with 9,750 US locations and just 150 internationally. This suggests that CVS should be relatively insulated from the fall-off in international demand that Walgreens saw.
CVS is in almost every way a better company than Walgreens. It has better analyst ratings, better financial health, and a much better valuation in terms of PEG ratio. Its dividend yield and dividend growth are lower, but its growth plan has been more aggressive, with the rollout of HealthHub stores and telehealth services continuing on schedule amidst the pandemic. Walgreens has lagged behind CVS in its plans to add healthcare clinics to its retail stores. CVS's relationship with UPS may prove an additional tailwind amidst the pandemic. Walgreens partners with UPS's smaller competitor, FedEx.
"The Big Short" ... sequelThe sequel to the hit movie, "The BIG Short" has arrived...likely "airing" through January 2021....
Earning coming out for JD AUG 17Earning coming out for JD AUG 17
Should beat Market expectations (again)
how high it jumps on that good news i have no idea.
I put in a sell at 73 and 81.
who knows?
not me.
But
I think the next quarter will not be so good - they have to slow down growth on this site. But I don't work there so they didn't ask me.
Over all this stock can still grow. I'm long generally with it.
This is not advise just hunch.
Marinemax $HZO "uptrend"$HZO has been performing very well since march this year. ı would expect to get the target price after a pull back to 9SMA (light blue)
12 months Consensus Price Target: $23.7
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
HYPE3: Wait patiently until the correction is over, then pounce!HYPE3 is currently in what looks like Cycle wave B of (IV). We should wait to see how wave C of (IV) unfolds, and then, buy as soon as we have an indication it is over to ride SuperCycle Wave (V). Since Wave (III) is larger than Wave (I), it is possible for Wave (V) to be huge and an extended wave.
HYPE3 atualmente está no que parece ser uma onda cíclica B da (IV). Devemos esperar para ver o desdobramento da onda C da (IV), e, comprar assim que tivermos uma indicação que ela terminou e surfar a onda Supercíclica (V). Como a Onda (III) é maior que a onda (I), é possível que a onda (V) seja enorme e até mesmo extendida.
Lowe's climb can continue on strong home-building dataIntroduction
Strong upward momentum for Lowe's has been slowing lately along with the rest of the market. However, I think the upward march for this stock can continue for both fundamental and technical reasons.
Fundamentals
Like nearly every other stock in this market, Lowe's is trading at a higher multiple than the stock has traditionally traded at. Unlike nearly every other stock in the market, the Lowe's multiple is actually justified by the prospect of future growth. Fidelity and Zack's both calculate the PEG ratio on Lowe's to be close to 1, which is fair value. Most stocks are trading at PEG ratios between 2 and 8 right now, making Lowe's one of the most attractively priced stocks I've seen lately.
Lowe's boasts strong ratings from analysts, including a 9.2/10 Equity Starmine Summary Score, a 74/100 valuation score from S&P Global, and a "Leader" ranking for corporate governance from MSCI. Options traders are more bullish than bearish on the stock for both the short and long term.
Perhaps more importantly, Lowe's is sitting in an extremely strong sector. Today, mortgage applications data beat by a wide margin. Business spending data shows home building supply as one of the only sectors in strong expansion, with investment up 20% YoY. Homebuilder Taylor Morrison posted 24% sales growth with a large order backlog. Consumers have spent the pandemic doing home renovations, and as a result, economic data for the sector have consistently surprised to the upside.
In the medium term, the big risk for this sector is that mortgage forbearance will expire, houses will go into foreclosure, and real estate prices will collapse. That's currently scheduled to happen on August 31, but there's been talk in Congress of extending forbearance until sometime next year. Currently more than 8.5% of mortgages are in forbearance, so this is a potential residential real estate apocalypse if Congress doesn't pass an extension. If you take this trade, keep a close eye on what happens with that expiration date.
Technicals
Note the hidden divergence I highlighted on the chart, with the MACD making a lower low as the price made a higher low. However, it's also important to note that Lowe's today has dipped below its 3-month trend line, albeit not with any conviction or volume. I've taken a small nibble here to satisfy my FOMO, and set an alert to buy more near the volume support at $130.30. I may look at buying a call option for the end of August, since Lowe's reports earnings on August 18.
JWN: Short Squeeze Pending???I have been trying to simplify my charting as of late. Fewer Indicators. Less advanced Math for the moment. Trying to Gain perspective.
Here is a Chart of a Trade I like.
Nordstrom is 5* rated Morningstar, and A-rated Profitable company.
There is a very large short position ... slightly better than 30% of the Float.
JWN has traded between 15 -16 since late June (last 3 weeks) A strong breakout above 16 should lead to a retest of the interim high of 25. The downside risk is probably 2 pts to a low 14 handle.
8 pt of Gain vs 2 pts of Risk. 4:1 Profile ... I will take it for a top retailer beat up by lockdowns.
The Problems With Retail Traders/Most PeopleI always tell people, if you don't understand how market works, DO NOT EVER touch the financial market. Yes, it is easy to open brokerage account and trade stocks, but how many people know and understand how to do it.
I have tried to educate people, but to my dismay, only 1% of my targeted audience are really serious in learning how to trade and invest properly, the rest are there just to play around and thinking that they can become rich easily.
And so, I have lost hope in humanity and in most people. They can reach financial freedom if they try to learn how to trade and invest properly, but most of them WILL NEVER reach financial freedom because of their attitude.
Therefore, the status quo will remain.
Topglove is now the third largest company in the Malaysian stock market, bigger than Tenaga Nasional.
For sure, now the price has gone far ahead of Fundamentals. Yes, this is a good company, great company with good dividends. But market never works that way. Sometime in the future the market will PUNISH people.
And for those retail traders who FOMOed in and who thinks that they can get rich by buying shares in glove markers, get ready for the day of reckoning and get ready for the slaughtering. The party will not last forever.
I have many of my friends who never invested in stocks who and those who have not trade stock for longtime suddenly came RUNNING to me asking me if it is good time to buy Topglove and glove shares. This is one of many sign that we are almost close to the peak in the glove makers.
Maybe they can go up more, maybe Top Glove can be number one market cap stock in Bursa Malaysia. Maybe it can reach 200 Billion Ringgit market cap. I don't care.
From risk management perspective, it is no longer something that is viable and something where I want to put majority of my capital on. It's time to take profit. it's time to reduce profit. And I told all of these people to just ignore the market, don't ever to try to chase a rally when you don't understand.
The smart people or trader knows when to buy and when to sell, you always have the opportunities to buy breakout or dips, but chasing blindly is never a wise strategy.
But again, parabolic move and bubble always happen, the easy way to make money is to buy early enough when the trend is shifting and when the breakout is just happening and to try to ride it out as much as possible. And to warn people not to chase the rally. Everything else, nothing much we can do.
Securities Commission and Bursa Malaysia, its your responbility to educate the masses, not to encourage speculation. But I doubt they care. They are only for money.
Regards.
Don't message or comments, I don't read them.
TLRDHad to zoom out on my TLRD chart, looks like .20-.23c price zone will be the bottom. Then a nice pump to $16 in 2021, looking into the history of this chart we see that typically after TLRD has a big bull run year the stock then declines for the following year b4 having another bull run following the year of decline. A bottom is found and then the uptrend restarts and we could see $13-$16 maybe higher.
I will be looking to buy some at the .20c levels