A Tale of Two Retailers
Six well-known retailers release quarterly earnings this week. Kohl’s, Macy’s, Best Buy, Dick’s, and Burlington will report before the open on Tuesday, November 26th, and Nordstrom will report after the…
DICK’s Sporting Goods: DKS
The market constantly sends signals to investors. In the bull market, stock prices go up on good news. When the bull market ends, stock prices fall even when a company…
Update | Retail | Bed, Bath & Beyond Earnings
Retail has been one of the most hated sectors of the stock market. The Amazon taking over the world meme is simply too much for many investors to resist. But…
The Good, The Bad & The Hated
We think investor sentiment is a very important factor in the pricing of risk assets. Robert J. Shiller has written extensively about how emotions play a roll in the pricing of…