COST - Costco Wholesale Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, Apr 15, 2016.

  1. fidelgeorge

    fidelgeorge Well-Known Member

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    Shorty spit roast today! Lock your shares up! Set sell orders in the 170s and force these shorts to cover higher! I see 168 at 4 pm
     
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  2. KyleLennon

    KyleLennon Member

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    Costco continues to make prudent use of its cash flow through share repurchases and dividend payments. During the second quarter of fiscal 2018, the company bought back shares worth of $59 million. Costco had repurchased shares worth of $473 million in fiscal 2017, $477 million in fiscal 2016, $493 million in fiscal 2015 and $333 million in fiscal 2014.
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    The stock has been underperforming the index.
    Relative strength chart, weekly (green=50ma, red=200ma)
    [​IMG]
    Currently COST is above the daily Bollinger band. Watch it for a couple of days as it is also at the declining tops line in the relative strength chart.

    Here's the weekly chart of COST itself (purple=20ma), connecting the same candletops as in the COST/SPY chart:
    [​IMG]
     
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  4. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Breaching 200 today. Start of the next leg up?
     
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  5. StockJock-e

    StockJock-e Brew Master
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    New highs!

    COST is having an amazing year, this chart is so pretty!
     
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  6. rg7803

    rg7803 Well-Known Member

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  7. Granola

    Granola New Member

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    Love me some Costco stock
     
  8. StockJock-e

    StockJock-e Brew Master
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    After hitting new 52wk highs last month, here is a bit of a surprise move with a big gap lower today
     
  9. StockJock-e

    StockJock-e Brew Master
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    Had an alarm set for when COST breaks under support, on my watchlist now for a possible bounce.
     
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  10. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Took out a gap today. There's a couple others remaining from the run-up that began in April:

    Screenshot 2018-12-14 at 12.43.42 PM.png
     
  11. T0rm3nted

    T0rm3nted Moderator
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    Flirting with that support at the 50MA for quite some time now

    upload_2019-10-3_8-52-48.png
     
  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I think it'll be fine, held that ma even with the market pushing down.
     
  13. StockJock-e

    StockJock-e Brew Master
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    These market dips are a great time to identify stocks with relative strength to the broader market.
     
  14. A55

    A55 Well-Known Member

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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Jwalker likes this.
  16. StockJock-e

    StockJock-e Brew Master
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    Getting back that drop from Feb
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    COST is reporting some extraordinary same-store sales growth.
    But I went to a couple stores last week and couldn't find a couple of items in store (hot dogs, pancakes). I'm talking the real bargain Farmer John's hotdogs, not the world famous Costco dogs you get in their food court.

    Supply chain issues? Or is it online (lazy bastards getting their pancakes online...) buyers affecting what is found in store? Because how can same-store sales growth be so amazing when items are not available?
     

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