Yeah, it had some good bounces. When any stock gets too much hate there is always opportunity. Watching GPRO for that kind of thing too.
Tech Trader continuing to get longer here, almost 100% long by 30% short. Biggest bets are Consumer, Energy, and then Healthcare. Most interesting names in the last few days are $MON, $STRZA, and $EGRX, which are getting increased buying activity in both stock and options after the initial signals. Tech Trader overall is getting much more idiosyncratic in its bets with long Consumer names like $YELP and $WWAV but also short Consumer names like $MFRM and $DNKN. https://www.techtrader.ai/wall/?date=1463120584&post=9413
They need to reduce the rent costs in the mall...that's whats killing most retailers. Mom & Pop stores can't even afford to open up in a mall due to high costs.
Probably the direction its going. You need to get stuff in stores that you can not find online. Or online stores that make you go to the mall to check it out and buy it!
the only time I really go to the store is: 1) to check something out / physically hold it in my hand and check quality, features, etc. 2) if I don't want to wait on shipping, and online prices are about the same.
Wow, today's economic releases were really frigging good. Retail sales with a huge beat as well as Mich. Sentiment. Yet we're not overtly bullish here. Market seems to be quietly digesting things for now, and perhaps looking for further excuse to breakdown next week. The thing that keeps me from being bullish is just how extended everything is. This economy could be in great shape and humming along here and I still wouldn't expect much in the way of stock market gains. The bubbles have already been inflated, at this point the market is expecting companies to deliver. No more promises of a recovery, but actual recovery over the next year or two is already completely priced in. Anything less than that can spark disaster here. When the upside is all of 5% capital gains if all goes rosy, with a huge downside if things fall of a cliff, I just don't see a favorable R:R here for the foreseeable future.
Screw your list! Get in there and buy buy buy! lol But seriously, that AAPL is going t $85 on the next market drop, way better entry!
Weird, VRX is up after 7 consecutive days of going down. Seems like there are some rumors that KKR submitted a $22B bid for B&L Thought ackman said they won't sell it? ------------------------------- I bought some AAPL here. Last time I didnt get on these levels it flew back to $110... What would be the worst case? Dropping to low 80s? Then you just add more just like many other retailers/institutions... This company is not going anywhere and they even up'ed their divy for shareholders to be patient. They will eventually find something "cool" or steal someone's idea, make it better and sell millions of them. Also, if this chinese uber thing works out think about the possible impact of it with 1.3 billion population... ------------------------------- They are off their lows but Retails are keep getting a beat down. I want to get back in KORS but I guess I will wait a bit more until the storm settles a bit. Also, if WMT keeps going down early next week, I might buy some pre-earnings.
I don't think malls will reduce their rent. I think they will start building condos on top of their malls -- that land is valuable! And think about it: what's on the ground floor of many hotels anyway? Some kind of sundries store, right? The mall can be like an urban area (shopping, food, etc all nearby), but cleaner since they have the mall rent-a-cops on patrol anyway. The other day I thought about what physical retailers could do, besides just opening an online shopping store. Something that will get people into their physical stores. One idea was to have lower prices online than in the store, BUT you could find coupons for select items at the online store that you could take to the physical store and get an even bigger discount. The idea is basically that you want shoppers to make the effort to get the deal, then upsell them more stuff (the non-select items) once they're in your store. Put those salespeople to work!
If somebody could make it go back into low high 1600's or low 1700's i would appriciate it. K...Thanks in advance
