|Bid||0.00 x 2900|
|Ask||0.00 x 900|
|Day's Range||46.42 - 46.77|
|52 Week Range||37.72 - 49.09|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
For a younger cohort of consumers, who are digital natives (or close to it), their idea of retail hasn't been shaped by big box and department stores, but by Amazon.com (AMZN) and the world of online shopping, a world that is rife with tailored experiences and recommendations. This is the way of the future, and companies that want to connect with consumers have to get on board, says Mukund Ramachandran, chief marketing officer of Dynamic Yield, an omnichannel personalization platform.
Earnings out of Target and the discussion at the Fed's latest policy meeting will be highlights for investors on Wednesday.
In the consumer sector, 93% of the companies have already reported their earnings for the first quarter. Last week was okay for most of the sectors in the S&P 500. The S&P 500 Index (SPY) fell 0.54% due to an ~3% and 1.4% slump in the utility and technology sectors.
It spent nearly two years carving support at the 200-day exponential moving average (EMA) in the $30s, finally turning higher in November 2017, and has now posted a higher low at the 50-day EMA. This bullish action sets the stage for testing at major resistance between $49 and $52. Rallies failed at the bottom of that resistance zone in 2015, 2016 and January 2018, so bears are likely to force another reversal, using weakness near the round number $50 and the 2015 high at $51.25 to reload positions.
As the greenback soars to its highest levels of the year, one trader sees a couple of market areas that could ride the currency's coattails. "I will caution one thing" on the IWM, said Cappelleri. The U.S. dollar index has not traded above 94 since December 2017.
As the greenback soars to its highest levels of the year, one trader sees a couple of market areas that could ride the currency's coattails.
Could the Recent Pullback in Gold Be a Buying Opportunity? March retail sales growth was revised higher to 0.8% from 0.6%. The SPDR S&P Retail ETF (XRT), which tracks a broad-based index of stocks in the US retail industry, rose 0.3% on this news.
The April retail sales report was released on May 15, and the surprise reaction to this report was an increase in bond (BND) yields across the board. There are numerous ways to explain the spike in yields, and the retail (XRT) sales data only acted as a catalyst to the Treasury (GOVT) sell-off, which began a few hours before the retail sales data was released. With the US economy showing signs of continued improvements and other developed economies slowing down, chances are that the US could lead the tightening cycle, which could have led to an increase in bond yields on Tuesday.
The US Census Bureau releases a monthly report on retail sales in the United States. As per its website, the Census Bureau conducts an advance monthly survey of retail trade and food services companies. The April retail sales report indicated that the gains were broad-based with nine of the 13 major categories moving higher during the month.
The stock market was on a big win streak in early-to-mid May as a flurry of positive earnings reports added fuel to the bull thesis. While this company has been a staple of consistency for the past several quarters (the company has reported nothing but double beat quarters), HD’s first quarter numbers didn’t live up to that consistency standard.
The SPDR S&P Retail ETF (XRT) is modestly higher this year, but some data points suggest some traders are positioning for more downside in the benchmark retail exchange traded fund. The trend away from traditional department stores and apparel retailers to online shopping destinations should benefit the Amplify Online Retail ETF (IBUY) , which is comprised of global companies that generate at least 70% of revenue from online or virtual sales.
CEO Elon Musk may end up getting the last laugh after all. Tesla shares were up nearly 3% Monday afternoon, taking the stock's price back above $300 and erasing all of the losses the company's shares took following last week's much-talked-about earnings call. Tesla's May 2 earnings call was most notable for the way Musk was dismissive of questions from a pair of Wall Street analysts who asked questions that the mercurial CEO believed were inconsequential.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises, discusses Walmart’s recent quarter and how the retailer stakes up against Amazon and Alibaba.
Matthew Boss, J.P. Morgan equity research analyst, discusses Macy's quarterly earnings beat and what that read implies for the entire retail sector.
An updated Walmart.com will showcase over a hundred Lord & Taylor fashion brands. Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Ethan Wolff-Mann discuss if this can help Walmart go up against Amazon in the fashion space.
How much of an impact will pain at the pump have on consumer stocks. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.
Yahoo Finance's Seana Smith and Jared Blikre on the latest market moves.
Who says the American mall is dead? The Miami-Dade County planning board has given a green light to what would be the largest mall in America. Yahoo Finance's Seana Smith, Dion Rabouin, Dan Roberts and Ethan Wolff-Mann discuss.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
The April jobs report showed the unemployment rate hit its lowest level in 17 years, but not all sectors posted gains. Yahoo Finance's Seana Smith, Melody Hahm and Pras Subramanian discuss.