Like many a retailer before Target (TGT), the big-box department store chain announced a dismal sales performance for the most recent holiday period.On January 18, 2017, Target announced that its comparable sales fell 1.3% during the November-December holiday period. This number includes digital sales growth of greater than 30 percent. When we back out digital sales, comparable sales fell more than…
While Defensives are the clear leader, most investors aren’t there, leaving more upside potential as earnings cuts begin. Counter-trend...
Fundstrat’s Tom Lee: The August jobs report came in at +142k (vs Street +165k) and the unemployment rate fell...
We’ve made it through another topsy-turvy week in the equity markets relatively unscathed. There was a good deal of...
With the Fed’s hawkish pivot, the first part half of our long standing narrative of Fire and Ice has...
Optimism around a US policy pivot has continued to support valuation. In today’s note, we discuss parallels to prior...
After an outside reversal trading day last Friday that found the Nasdaq going from up 1% to negative .23%...
The market is testing investors and traders alike. That is what the market tends to do during corrections; it...
Welcome to this week’s State of the Markets. This week’s episode will hope to find a video recording, but...
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