QQQ - Invesco QQQ Trust
| Previous Close | 188.63 |
| Open | 188.98 |
| Bid | 188.04 x 1000 |
| Ask | 188.05 x 800 |
| Day's Range | 186.54 - 189.45 |
| 52 Week Range | 143.46 - 195.55 |
| Volume | 18,293,060 |
| Avg. Volume | 31,672,365 |
| Net Assets | 75.82B |
| NAV | 188.65 |
| PE Ratio (TTM) | N/A |
| Yield | 0.78% |
| YTD Return | 21.79% |
| Beta (3Y Monthly) | 1.11 |
| Expense Ratio (net) | 0.20% |
| Inception Date | 1999-03-10 |
- GuruFocus.com
Gregg Fisher's Gerstein Fisher 2nd-Quarter Letter
The turnaround this year, prospects for a bear market, the problem with rising global and domestic debt, and some risky market trends, including the rise of indexing Continue reading...
- GuruFocus.com
CGM Mutual Fund 2nd Quarter Shareholder Letter
Discussion of markets and investing Continue reading...
- GuruFocus.com
Royce Funds Commentary: 3 Small-Cap Cyclical Opportunities
Senior Investment Strategist Steve Lipper details 3 sectors at the intersection of quality and value where he is finding opportunities Continue reading...
- GuruFocus.com
Seth Klarman's 3-Step Approach to Valuation
The process Baupost investor uses to arrive at intrinsic value Continue reading...
- GuruFocus.com
5 Messages From Li Lu's Reflections
Observations on great investor's speech on his 50th birthday Continue reading...
- Zacks
5 Tech ETFs to Pick at $30 or Below
Why investors may find these tech ETFs that are available at $30 or below prices lucrative.
- Market Realist
Will Trump’s Tax Cut Plan Lead to a Historic Crash?
President Trump is considering a payroll tax cut plan to boost the US economy. Is the tax cut really necessary? The plan could increase consumer spending.
- GuruFocus.com
George Soros' Firm Buys Tech Stocks in 2nd Quarter
Top 5 buys of legendary investor's firm Continue reading...
- GuruFocus.com
Baron Perspective: The Advantages of Global Investing
By Linda Martinson, president and COO Continue reading...
- GuruFocus.com
Royce Funds Commentary: Is It Time to Sell, Hold or Buy Small-Caps?
By Francis Gannon, co-chief investment officer and managing director: We think the currently tumultuous market is a bad time to abandon equities Continue reading...
- GuruFocus.com
Thiel Macro LLC Buys PowerShares QQQ Trust Ser 1, Sells VanEck Vectors Junior Gold Miners ETF, ...
San Francisco, CA, based Investment company Thiel Macro LLC (Current Portfolio) buys PowerShares QQQ Trust Ser 1, sells VanEck Vectors Junior Gold Miners ETF, Lennar Corp, Alerian MLP ETF, VanEck Vectors Oil Services ETF during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Thiel Macro LLC. Continue reading...
- InvestorPlace
8 Biotech Stocks to Watch After the Q2 Earnings Season
Take a look at the Biotechnology ETF (NASDAQ:IBB) and investors will notice how badly the sector is underperforming. Though it is up by around 9% year-to-date, the S&P 500 (NYSE:SPY) is up by 15.6% while the Nasdaq (NASDAQ:QQQ) is up by 20%. Government scrutiny over drug pricing and the high-cost structure of the healthcare system in the U.S. is hurting biotech stocks, too.Company-specific news is also weighing on specific biotechnology stocks. Those are the ones investors should watch. But as disappointing developments send such stocks lower, which ones should investors buy or sell? Volatility is increasing in markets and is triggered by an inverted yield curve and trade tensions between the U.S. and China. This creates wider price movements for biotech stocks, opening up better entry and exit points for investors. * 10 Undervalued Stocks With Breakout Potential What are the nine biotech stocks to watch amid the uncertainties ahead?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Regeneron Pharmaceuticals (REGN)Source: Shutterstock Regeneron Pharmaceuticals (NASDAQ:REGN) started 2019 on a positive note when shares rose steadily and topped $440 by March. Since then, however, even a strong quarterly earnings report, posted on Aug 6, has failed to move the stock higher.Regeneron reported non-GAAP earnings per share of $6.02. GAAP EPS was $1.68 after revenue grew 19.9% Y/Y to $1.93 billion. Market share for EYLEA grew to 71% of net product sales. And Regeneron has a plan to develop Eylea's position in diabetic retinopathy. It is educating physicians and patients with the drug as a first-line anti-VEGF treatment.Sales of Dupixent, which treats patients suffering from Type 2 inflammatory diseases -- atopic dermatitis, asthma, and now chronic rhinosinusitis with nasal polyposis - grew 151% Y/Y. Net sales in Q2 was $557 million. Total prescriptions grew 30% sequentially, driven by the growth in approved indications. Its approval for treating atopic dermatitis for adolescents will ensure the drug's continued growth.Non-GAAP R&D expenses rose to $589 million, up from $470M Y/Y. Continued investments in its research platform and pipeline will pay off if the company's history is an indication.This report shows that Regeneron stock has substantial upside potential from here. If Dupixent sales continue growing in the 150% range, Regeneron stock trading at 12-times forward earnings is too low. Amarin (AMRN)Source: Shutterstock Amarin (NASDAQ:AMRN) was up over 30% year to-date -- until August 8. Then ARMN stock fell 23% after-hours when the FDA pushed back an advisory committee date for it's drug Vascepa.So markets will have to wait for the review and discussion of Amarin's supplemental marketing application seeking a cardiovascular benefit claim for Vascepa. But even without the label expansion, Vascepa's projected revenue is $400 million annualized. In Q2 2019, net total revenue was $100.8 million. Increased Vascepa prescription volume from prior and new prescribers lifted sales.The company also has plans to double its number of sales reps to 800 by October. This will allow them to expand the number of targeted healthcare professionals from ~50,000 to up to 80,000. Performing more sales calls to prescribers, assisting physicians in the familiarization with Vascepa, and a direct to consumer campaign will support product growth. And despite the FDA setback, Amarin raised its 2019 full-year revenue guidance to $380 million to $420 million. For the current Q3 period, the Vascepa normalized TRx will exceed 700,000. * 10 Mid-Cap Dividend Stocks to Buy Now On the balance sheet, Amarin has $661 million in cash and cash equivalents, lifted from a $440 million equity offering in July 2019. Since it will not need to sell more shares in the near future, investors only need to worry about the FDA decision next. Arena Pharmaceuticals (ARNA)Source: Shutterstock Arena Pharmaceuticals dipped to below $52.50 in the days following its earnings report posted on Aug. 8. The company reported an EPS GAAP loss of $1.24 as revenue fell 74.$ Y/Y to $1.02 million. Profits and revenue growth are not expected from Arena in the near future. It is still in the development stage. And although it has a promising pipeline cautious investors may want to avoid the stock for now.In the second quarter, the company highlighted its key clinical and regulatory goals. It started two trials: the etrasimod Phase 3 ELEVATE UC 52 trial and the olorinab Phase 2 CAPTIVATE trial. Etrasimod is an oral, once-daily selective sphingosine-1-phosphate (S1P) receptor modulator. The drug treats multiple immune and inflammatory diseases, such as ulcerative colitis. The Elevate UC 52 trial has a 12-week induction period followed by 40 weeks of maintenance. Arena started the trial in June. The Elevate UC 12 is also a 12-week trial that will be started at a later date.Arena spent $51.2 million in R&D in the second quarter, while SG&A totaled $18.4 million. The net loss was $1.24 a share, or $61.4 million. With cash and cash equivalents of over $1.2 billion, investors need not worry about the company issuing shares to raise cash in the near-term. CRISPR Therapeutics (CRSP)Source: Shutterstock Gene editing is a very hot area and CRISPR (NASDAQ:CRSP) stock's uptrend reflects that. CRISPR's mandate is to create transformative gene-based medicines for serious diseases. The company advanced CRISPR in the clinic with CTX001 in beta-thalassemia and sickle cell disease. The gene-edited allogeneic cell therapies -- CTX110, CTX120, and CTX131 -- are considered the next-generation immune-oncology platform. The company's solution enables regenerative medicine through the CRISPR/Cas9-edited allogeneic stem cells.CRISPR has a deep pipeline of programs, with most of them still in the research phase. Still, it has three programs in the clinical phase. After it completes enrollment, investors will have plenty of clinical data to interpret in the years ahead. Patients with Sickle Cell Disease (SCD) and beta-Thalassemia, both of which are a hemoglobinopathy, suffer from anemia, pain, and even early death. By editing the gene, the company aims to mimic variants of naturally occurring hereditary persistence of fetal hemoglobin.The first step of the clinical trial, following enrollment of 45 adult patients, is to assess the safety and efficacy of CTX001. Mice studies suggest it may achieve 80% allelic editing, over 90% of cells modified, and over 30% HbF. * Major Headlines Mean Opportunities for Smart Investors CRISPR is in a hot area of gene editing and if it can treat patients successfully, the value of the company will soar. United Therapeutics (UTHR)Source: Shutterstock United Therapeutics (NASDAQ:UTHR) stock enjoyed the $110 - $120 range up until March. Then the company's declining revenue growth in Q4/2018 began scaring off investors. But by the second quarter, performance improved. The company reported non-GAAP EPS of $3.63, $0.89 higher than consensus. GAAP EPS was $4.66. United Therapeutics reported revenue of $373.6 million, falling 16% from last year.Its prostacyclin product franchise (Remodulin, Tyvaso, and Orenitram), is being used by patients to treat pulmonary arterial hypertension. The company is advancing the drug delivery systems and has late-stage clinical programs in cardiopulmonary diseases. The company's management is set on tripling its business over the next few years. This is possible with a dozen products in its pipeline and many FDA-approved product platforms. It has three new Remodulin products in the pipeline, and after these products gain FDA approval, United's sales could triple.In the COPD and interstitial lung disease space, the company awaits for approval for Tyvaso. And new indications for Uptravi, which treats pulmonary hypertension, will also drive sales higher.In the near-term, generic competition for Remodulin is moderating in the U.S. and in the EU. And as new products come online, markets will realize UTHR stock at a forward P/E of 9.5 times is too low. Exelixis (EXEL)Source: Shutterstock Exelixis (NASDAQ:EXEL) posted Q2 results on July 31. Its non-GAAP EPS was $0.29, while GAAP EPS was $0.25, down 11% from last year. Cabometyx is its best-in-class TKI driving its growth. Revenue rose 29.1% Y/Y to $240.3 million. $46.6 million of that revenue came from collaboration. This included a $20 million milestone from Daiichi Sankyo for the commercial launch of Minnebro tablets for the treatment of hypertension.The company ended the quarter with cash and cash equivalents of $1.16 billion.Exelixis forecast COGS (cost of goods sold) to be between 4% and 5% of net product revenues. R&D expenses will be between $330 million and $350 million. SG&A will be between $220 million - $240 million.Exelixis has four ongoing pivotal trials. It initiated three Phase 3 studies since late 2018 and early 2019. The company is now actively enrolling patients worldwide. Management is optimistic with positive data from its ongoing pivotal trials in first-line RCC and first-line HCC refractory DTC. Investors also believe the company's strong prospects, although EXEL stock trades at a P/E of just 10.6 times.Exelixis increased expenses in the second quarter, with R&D spending up 93%. These efforts will pay off as the company wins more indications for Cabometyx. The drug is the number one prescribed for TKI in RCC. * 10 Undervalued Stocks With Breakout Potential In the near term, strong efficacy data and overall survival benefit numbers will drive demand for Cabometyx higher. Nektar Therapeutics (NKTR)Source: Shutterstock On Aug 9, Nektar Therapeutics (NASDAQ:NKTR) revealed a "softening in response rates" in its Phase 1/2 PIVOT-02 study. This evaluated NKTR-214 with Bristol-Myers Squibb's (NYSE:BMY) Opdivo. The problem is that two of its earliest production patches of bempeg were different than the other 20 batches produced. This would explain the outlier variances as more clinical data matured and became available.As a result of this discovery, Nektar developed a comprehensive control strategy to limit variances in raw materials. But it also means it may build new IP around the product using new assays and control strategies.On its conference call, the company said Bristol-Myers is still committed to the bempeg development program:They remain very committed to the bempeg development program, particularly in light of the recent breakthrough designation in melanoma and the tremendous opportunity for both companies. They are highly committed to the ongoing registrational trials in first-line melanoma, first-line urothelial cancer, and first-line renal cell carcinoma, as well as our new expansion cohort of second-line non-small cell lung cancer patients in PIVOT.NKTR shares may not rebound for a while until it reports updated data from its studies. Novo Nordisk (NVO)Source: Shutterstock Novo Nordisk (NYSE:NVO) is firing on all cylinders after reporting revenue growth of 9.6% Y/Y. Its diabetes and obesity reported combined sales growth of 10% and 6% and constant exchange rates. The company's product pipeline grew after it had a handful of product approvals and filings since May. For example, in Japan, it filed its semaglutide for treating Type II diabetes.For 2019, Novo forecast operating profit growth in the range of 4% to 6%.Novo's diabetes drug is a revenue growth driver. As the global diabetes market leadership rose to 28.3%. its insulin volume market share increased. Additionally, market share grew after Novo launched Ozempic in 18 European markets. In the U.S., Opempic's launch led to a stabilization in the TRx market share at around 45%.Sales of Saxenda, which is a weight-loss drug, increased 56% in the first half of 2019. Novo Nordisk's market share is 50%. And now that it has been launched in 43 countries, the company will invest in market development activities to drive sales.Although Novo stock is trading at close to its 52-week high, this is justified by the higher sales forecast. Investment opportunities and R&D activities starting in the second half of the year will ensure that the company maintains its pace of growth.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 8 Biotech Stocks to Watch After the Q2 Earnings Season appeared first on InvestorPlace.
- GuruFocus.com
The Changing Face of Debt
For investors, a simple US Core Bond Index fund looks nothing like it did in 2008. The changes in the type and quality of debt require some significant research by investors Continue reading...
- Yahoo Finance
Argus Daily Technical Analysis: S&P 500 in No Man’s Land
The stock market continues to bounce around like a rubber ball in a small room. The S&P 500 remains in no man's land between its 50-day moving average at 2,946 and its 200-day at 2,799, which has not been tested during the current pullback. With Monday's rally, we are back in a zone of pretty good short-term resistance marked by overhead supply in the 2,940 region from the two most-recent highs. In addition to the 50-day just above, the 21-day and 34-day exponential averages (EMA) sit right near current prices.
- ETF Trends
Stimulus, Trade Hopes Prop Up QQQ, DIA, SPY ETFs
Growing hopes that major global economies will step into spur growth and on optimism over U.S-China trade propped up U.S. markets and stock ETFs on Monday. On Monday, the Invesco QQQ Trust (QQQ) increased 1.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 1.0% and SPDR S&P 500 ETF (SPY) was 1.3% higher. Among the latest to stimulate the economy, China's central bank revealed a key interest rate reform to lower borrowing costs for companies while Germany was looking at potential economic easing, Reuters reports.
- Market Realist
Trump Ponders Buying Greenland: A Trade War Tie-In?
Trump has pondered the idea of buying Greenland since 2018. However, his timing for making it public is significant and relates to the trade war with China.
- Zacks
Pre-Markets Surge to Start the Week; Estee Lauder (EL) Beats
Major U.S. indexes are swelling in today's early session, continuing from last week's climb up off the canvas following the worst trading day of the year on Wednesday.
- Investopedia
A Few Reasons an Inverted Yield Curve Is Bullish
Despite headlines painting the yield curve inversion as a major red flag, there are plenty of reasons to be bullish on U.S. stocks.
- Investopedia
Sharp Rally Ends the Week's Roller Coaster Ride
The S&P 500 bounced off support but remains vulnerable. The yield curve emerged from inversion, and the yuan remains low vs. the dollar.
- InvestorPlace
Stock Market Today: Is GE a Fraud or a Screaming Buy?
What's more wild, the story unfolding with General Electric (NYSE:GE) or the volatility in the stock market?Headline after headline has been wreaking havoc on the broader markets, as volatility remains elevated and as investors try to figure out their next step. Trade war worries, imploding foreign stock markets and recession concerns are engulfing the news flow.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCasual investors will at least like the news from the stock market today, where the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) rose 1.25%, the SPDR S&P 500 ETF (NYSEARCA:SPY) climbed 1.48% and the PowerShares QQQ ETF (NASDAQ:QQQ) jumped 1.61%.Amid that calamity, the story unfolding with General Electric is even more interesting. Is GE Stock a Sham or a Buy?General Electric has been under pressure since it reported earnings. For months, readers here have been cognizant of $10.50 range resistance and $9 range support. The breakout never materialized and GE stock quickly sank down to support. * 10 Cheap Dividend Stocks to Load Up On It was an unimpressive showing, but not surprising given the volatility in the broader market and the suspect nature of GE's balance sheet. The most recent quarter showed that General Electric is inching its way out of trouble, but could still have some unknown risks, particularly with Boeing's (NYSE:BA) 737 issues.On Thursday, range support between $9 and $9.25 blew out, as reports began circulating that a whistleblower was sounding the alarm on GE's accounting practices. That whistleblower was Harry Markopolos, who also raised concern over Bernie Madoff before his ponzi scheme was uncovered.GE pushed back, saying it stands behind its financials and that it remains in a strong position of liquidity. GE even went as far as to say that Markopolos is being "compensated by unnamed hedge funds [that] are financially motivated to attempt to generate short selling in a company's stock."Wow, dramatic.It doesn't end there, though. GE CEO Larry Culp refuted the claims even more aggressively, calling it "plain and simple" market manipulation. He then went out and bought 2 million shares of GE stock!Analysts came out to GE's defense on Friday morning, as did the well-known short-seller of Citron Research, Andrew Left. The latter also corroborates GE's stance regarding hedge fund compensation, noting that, "As noted in the disclaimer on his site, Harry is being paid a % of profits from an unnamed hedge fund that is short GE. No credible hedge fund or short seller would ever do this."GE jumped almost 9% in response to Friday's news, (Here's the trade layout). Movers in the Stock Market TodayGE was an obvious mover on the day, but it wasn't the only one.Nvidia (NASDAQ:NVDA) rallied 7.5% on the day, showing some upside momentum after the company beat on earnings and revenue estimates. While the headline numbers look good and many believe in its long-term future, there are still some short-term concerns. Revenue sank 17.3% year-over-year and management expects third-quarter sales of $2.84 billion to $2.96 billion. Expectations were at $2.98 billion.Still, NVDA is on the move higher, which may be good news for bulls should the overall market start to rally too.Deere (NYSE:DE) stock was also on the move higher, climbing over 4% despite missing on bottom-line expectations. Earnings of $2.71 per share missed analysts' expectations by 13 cents. However, revenue of $10.04 billion handedly beat estimates by $660 million despite sinking 2.6% year-over-year.Shares of Palo Alto Networks (NYSE:PANW) were trading well on the day, up several percent before collapsing in the afternoon. PANW ended lower by 7.2% on news that Dave Peranich, EVP of worldwide sales, is leaving his post after three years on the job. Seems like it could be an overreaction, even if he was a top sales exec.Disney's (NYSE:DIS) latest billion-dollar hit is Toy Story 4, the company's fifth billion-dollar film this year. It now holds the record for most such films in a single year, while there is only one other competing film this year to top the nine-figure mark (Spider-Man: Far From Home). Further, the company announced last month that it had broken its prior annual box office record total of $7.61 billion, pulling in $7.67 billion in sales already in 2019.Don't forget, there's Frozen 2 and a Star Wars film still slated for 2019. It's going to be a huge year for Disney.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Stock Market Today: Is GE a Fraud or a Screaming Buy? appeared first on InvestorPlace.
- ETF Trends
Germany Paves Way for Stimulus Hopes; U.S. Stock ETFs Strengthen
U.S. markets and stock ETFs rallied Friday as Germany's right-left coalition government works on plans to take on new debt to stimulate the economy. On Friday, the Invesco QQQ Trust (QQQ) increased 1.7%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.9% and SPDR S&P 500 ETF (SPY) was 1.5% higher. “This is huge news from a European perspective,” Brad McMillan, chief investment officer of Commonwealth Financial Network, told Reuters.
- Zacks
Housing Data Mixed, Deere Misses Q3 Estimates
New starts last month dropped to 1.191 million from the downwardly revised 1.241 million in June.
- ETF Trends
U.S. Stock ETFs Swing as Upbeat Data Help Offset Recession Fears
U.S. markets and stock ETFs stabilized late Thursday as upbeat retail data helped offset the recessionary fears. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was flat, SPDR Dow Jones Industrial Average ...
- Zacks
Bet on These Momentum & High-Beta ETFs on Delay in Tariffs
Momentum and high-beta ETFs make very good picks right now as the market rally on delay in Trump???s new round of tariffs.
- InvestorPlace
Stock Market Today: Are We About to Enter a Recession?
It has been a very tough couple of days for traders, with the choppy action in United States stocks frustrating both the bulls and the bears. As for Wednesday, well, it was another tough session in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 2.96%, while the PowerShares QQQ ETF (NASDAQ:QQQ) dropped 2.99%.The cause? The yield curve.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What's the Yield Curve All About?Before we do anything, let's talk about this yield curve and spreads.In a healthy environment, one can plot the yields of bonds on a chart and see a positive slope, basically meaning that as the duration of the bond gets longer, the yield goes higher. However, when you keep hearing about a flattening or inverting yield curve, it means that the opposite is occurring -- that short-duration bonds are yielding more than long-duration bonds. * 15 Growth Stocks to Buy for the Long Haul This development shows itself in the spread. Traders often look at the 10-year/2-year Treasury spread. As this spread -- measured by the 10-year yield minus the 2-year yield -- approaches zero, investors start to grow leery. When it inverts, meaning the 2-year yields more than the 10-year, then investors get a bit finicky.That's what happened on Wednesday and that's what caused the selloff. Recession ImplicationsSome of you might be wondering, "what's all this hoopla about bond yields anyway?" Well, the hoopla comes from the fact that an inverted yield curve -- and in particular, a negative 10-year/2-year spread -- has historically preceded economic recessions with surprising reliability.Don't forget, when the algos see the negative spread on the 2-year/10-year or recession headlines start spreading, they start selling. That's just the way it is. It doesn't help that China's economic numbers aren't all that hot, while Europe's strongest member -- Germany -- hovers just above contraction territory.For argument's sake, let's assume that a U.S. recession is on the way, even though the U.S. still has a strong labor market and relatively healthy businesses. What does that mean for the stock market?Stocks tend to be forward looking, while economic readings are lagging indicators. So we should surely expect the market to be in trouble before a recession is actually on the books. However, that doesn't mean markets peak or decline directly after a 2-year/10-year inversion.This is noteworthy.Of the last five recessions, the yield curve inverted an average of 17 months before the start of the recession. At its fastest, it was 10 months early. At its slowest, it was 24 months -- two years full years.Referring to the time between the inversion and the recession as the "lag period," stocks performed well. The S&P 500 was positive four of the five times, recording gains of at least 11% on each of those four years. Three of those years boasted gains of more than 22%. The one year it didn't was amid the dot-com bust, a bubble we certainly aren't matching in U.S. equities at the moment.So while the worry is real, investors need to remember that the U.S. economy is still doing relatively well and that just because we have a brief 2-year/10-year inversion (so far), doesn't mean we're headed for the gallows tomorrow. Movers in the Stock Market TodayMacy's (NYSE:M) did well to rally off the lows, but the 13.3% decline was still enough to send shares to new 52-week lows. The company badly missed on earnings, reporting a profit of 28 cents per share vs. expectations of 45 cents per share. In-line revenue and a cut to management's full-year earnings outlook didn't help matters.Nordstrom (NYSE:JWN), Kohl's (NYSE:KSS), J.C. Penney (NYSE:JCP) and others heavily sold off in sympathy. Keep in mind, Walmart (NYSE:WMT) will report on Thursday too. It has been a stalwart in the retail space.Keeping with retail, Canada Goose (NYSE:GOOS) and The RealReal (NASDAQ:REAL) were hammered too. Canada Goose fell 7.5% even as revenue of $71.1 million scorched estimates of $41.1 million. Worsening profitability likely alarmed investors, despite the torrid revenue growth.For REAL, a top- and bottom-line earnings beat led to an initial surge of almost 20% in after-hours trading. That flipped to a 15% decline for the stock, as the recent IPO makes new lows. Traders can wait for a reversal before diving into this one.World Wrestling Entertainment (NYSE:WWE) was one of the few winners on the day. Shares climbed 1.1% after Rosenblatt analysts initiated the stock with a buy rating and $85 price target. Although, it's worth pointing out that this name is down 16% in the last three months and 23% in the last six.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post Stock Market Today: Are We About to Enter a Recession? appeared first on InvestorPlace.
