I tried to warn you mmm has abuot 15% of all the products sold in Home depot
masking tape sandpaper roofing material adhesives wall hangers electrical connector
now you see I know what I am talking about.
60's are coming you know it deep down don;t you ?
tolerated by the fed they come running to SOOTHE the markets with easy money promises and checkbook in hand when they do watch out gold shorts !
the pros are accumulating the shares being sold by scared margined weak hands and will ride them back to record highs to the chagrin of the sellers !
has only about 1/4 of walmarts sales. but it is growing at over 20% per year stealing ,market share from all retailers especially walmart !
apple 1 product company in a saturated business.
Amazon is going to eventually crush most retailers and grow to be the largest retailer
Who told you ?
I did exactly tell you this on June 23 !
You bashed me what do you think now ?
Who Told YOU ?
I did !!!!!!!!!!!!!!!!!!!!!!!!!
and you BASHED ME !
Retail sales are rapidly falling !
Overpriced Home Depot on DECK !!!!!!!!!!!
is tanking ! and Lasalle hotels is tanking and marinemax is tanking !
The american and worldwide consumer is tapped out retail sales are falling !
Apple will fall also you will see as samsung and others compete for a pie that is no longer expanding quickly enough !
Samsung is the number 1 selling phone inUS now with #2 and #3 model !
People long apple are going to have a long slow ride down IMO !
will soon respond!
I am shocked people would sell at this time on low volume
they will deeply regret it soon !
did you see CAT MMM CABELAS LASALLE HOTELS MARINEMAX AMERICAN EXPRESS DEL FRISCOS RESTAURANTS ALL TANKING !
HUGE SLOWDOWN in retail sales !!
Watch the fed come in to SOOTHE the markets soon !
The revenue gain from the sale last year was only 600 million so they really did have a sizeable revenue drop
I do see a note that last years revenues included some gain for a travel business so the revenue drop was not as bad as it looks but earnings declined by 1 penny so the made LESS earnings this year than last and this is not reflecting 8-10% revenue drop that is going to occur from Costo as well as 20% loan volume drop.
On top of all this companies can now encourage customers to use other cards to save money and this could be a real issue for AXP ! I think that the fact their fees were so high have made merchants not want to take their card. If you are long this stock good luck to you !
which will occur next April !
The revenue miss was enormous revenue was DOWN 4% to 8.3 Billion but the forecast was for 8.46 Billion that is a 160 Million dollar miss ! declining Revenues are very bad for credit card companies and indicates a movement of customers to other cards !
This is before the full impact of Costco loss which is about 10% of AXP revenues I believe.
60's will be seen pronto Unfortunately for longs it is 79.00 now 78.40 ah I will reference this post when it hits 69.