Consumer Discretionary

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TTC is surging this month – but there could be trouble ahead

Coming out of the Memorial Day holiday, and looking over the last couple of weeks, investors seem eager to bet on a continued recovery in the U.S. and global economy, and that has meant the bullish sentiment that pushed a number of stocks off of March, bear-market lows has gotten a fresh new push. Investors […]

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There’s A “Golden Opportunity” To Snatch Up These 4 Beaten-Down Cyclicals Now

In this volatile market, one expert says now’s the time to take a barbell approach to the market and says these 4 stocks are the best way to play it.

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Consumer Spending Dropped The Most On Record In April Amid the Coronavirus Pandemic

Plus, JCPenney is expected to file for bankruptcy today, the Trump administration moved to block chip shipments to Huawei, and the FDA issued a warning about Abbott Labs’ rapid COVID-19 test.

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Global auto sales should decline through the rest of 2020 – that’s part of the reason MGA is a good value

Even before COVID-19 put a stranglehold on business activity, travel, and consumer demand in just about every respect (except healthcare, basic supplies and food storage), global auto sales were under pressure. The industry was hampered through most of the past two years by trade tensions between the U.S. and its largest trading partners, which included […]

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The Auto industry is under global pressure on multiple fronts – should you avoid stocks like BWA?

Even before the coronavirus pandemic started to take down entire sectors of the economy beginning in February, the Auto industry was experiencing quite a bit of bearish pressure. Sales were down globally, reflecting economic slowing in various parts of the world as well as the effects of an extended trade war between the U.S. and […]

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Boeing CEO Calhoun Predicts A Major U.S. Airline Will Be Defunct By The End Of This Year

Plus, the Trump Administration is facing renewed pressure to provide more economic stimulus, the consumer price index fell by the most on record in April, and Tesla reopened its Fremont, CA plant against local county orders.

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Consumer Discretionary
One Hot Stock

Eastman Kodak Company (KODK) – Buy Price: $3.00 or better

Buy Price: $3.00 or better Sell Price: TradersPro Sell Signal Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and […]

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Under Armour Shares Crash After It Reports 23% Plunge In Sales Amid The Coronavirus Pandemic

Plus, the FDA granted emergency use authorization for Abbott Laboratories’ COVID-19 antibodies test, oil is higher after Saudi Arabia said it would cut production by an additional 1 million barrels per day, and Constellation Brands got a downgrade from MKM Partners.

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DIS might be cheap – is that a good thing?

I don’t think it’s too surprising that a lot of publicly traded companies have begun suspending their guidance forecasts over the last few weeks. The truth is that the extended, global economic shutdown due to the COVID-19 pandemic is likely to see an even more extended effect, even as countries, states and municipalities begin taking […]

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This Biotech Is Up Nearly 30% This Morning After Announcing Positive Pre-Clinical Results For Its Experimental COVID-19 Vaccine

Plus, oil fell back into negative territory this morning, Trump pledged aid for struggling oil and gas companies, Coca-Cola said its global volumes have plunged 25% so far this month, and Starbucks is adding Beyond Meat products to its menu in China.

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TGT is down almost -24% this year, but it still isn’t a good bargain

The early part of this week has been punctuated, if not by optimism, than at least by an increasing sense of hope that the U.S. might be reaching a peak in the spread of COVID-19 infection. If that is true, then it also makes sense that there is a light at the end of the […]

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Consumer Discretionary
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These 10 Retail Stocks Should Weather The Coronavirus Crisis

Retailers have been hit hard amid the global pandemic, but there are 10 stocks that experts say look like good best now.

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The Dow Is About To Close Out Its Worst Quarter Ever

Plus, the White House and congressional Democrats are beginning work on a fourth stimulus package, Simon Property Group has furloughed 30% of its workers amid the coronavirus pandemic, and Domino’s shares are down after the pizza chain said sales rose less investors had expected in the first quarter.

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SBUX may be setting the model for coping with coronavirus; does that make it a buy?

I often observe, and write about the need to try to filter through the “noise” of the market to find the right ways and places to put your money to work for you. A lot of that noise, of course comes from media outlets, including market news. The irony of my observation is that it […]

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