TJX I think is slightly more at risk because it's not just off price. (I don't think) > I seem to remember during the pandemic ordering full price soap and bath stuff.
There's an interesting thing going on with retail. Retail Stocks are getting a second look because of some of the talk coming from the earnings reports. Several large companies like Apple have said they are cutting back on recruiting and not actively hiring, but fewer than thought are laying off outright. For a while the steady drumbeat was low quality companies laying off outright, this reassuring aspect of the employment market lends credence to the stronger than expected consumer. And it's all because of the Pandemic (everything is) The Pandemic had companies laying off in mass and then desperate to hire back with nobody wanting to comeback, not without Zoom & their PJ's anyway. So getting highly qualified employees became a hUGE problem and still is thus employers are hesitant to cut folks. This puts a new twist in the fed thinking. The economy may be tougher to slow.
“People invest in stocks for two opposite reasons -- in hope and confidence in the future of an enterprise or in fear that the value of their capital will be lost through inflation.” Such an interesting quote for our times. Nobody has picked upon this but once we get into stagflation and persistent high inflation 3%+ could our stock market actually find buyers? Right now we are so afraid of inflation.
Bernard Baruch belonged to a Jewish family and was born in Camden, South Carolina. He started his career as a broker and then became a partner in A.A. Housman & Company. In 1903, he owned a brokerage firm, and people began to call him “The Lone Wolf of Wall Street”. Baruch became one of the best Wall Street financiers by 1910. For almost 50 years, he remained one of the richest and influential men in New York. He was also a political benefactor, presidential counselor, public official, and a great speculator. Bernard also impressed President Woodrow Wilson and Franklin D. Roosevelt with amassing a fortune on the New York Stock Exchange. He became their advisor on multiple occasions.
Huge Vol on TOAST today Van.- You caught a good one. kind of like shift4payments- that had a huge run a ways back.
GM- Last day before I fly away. To send my boy away to college. People really underestimate thismoment. Thisd is one of thebig moments in your
ZIM Integrated backs FY22 adjusted EBITDA view $7.8B-$8.2B 07:02 ZIM Backs FY22 adjusted EBIT view of $6.3B-$6.7B. Sportradar raises revenue for FY22 to $729.8M-$750.8M from $698.3M-$735M » 07:05 SRAD FY22 revenue consensus… Northern Oil and Gas in pact to buy Midland Basin properties for $110M » 07:23 NOG NOG has entered into a…
These guys were on Cramer last night I just missed the interview- Cramer said they were in the ball pen or something copying our Loading Dock- On Holding price target raised to $31 from $28 at Baird 06:33 ONON Baird analyst Jonathan Komp raised the firm's price target on On Holding to $31 from $28 and keeps an Outperform rating on the shares. The analyst said he remains highly encouraged by the company's strong Q2 performance, which featured broad-based growth, a healthy guidance raise, and positive order book commentary.