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This Quarter's Sentiment:
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SocialPicks Community
WHY YOU SHOULD SHORT THE RETAILERS
JWN
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-73.09%
in
408 days
<> I am recommending the sell of the retailing sector. Why? The reason is simple, no one is buying anything right now. When was the last time you heard of a friend, neighbor, or colleague bought a new car? I tell you that it is obvious all over America (if not the world) put discretionary spending on perma hold a couple of weeks ago. You can rest assured that there isn't a retailer in America (even Walmart) that will have a great quarter. <> Ever since Bush went on prime time consequences..... the retail market has come to a screeching halt that is only slightly less frozen than the cr>>...
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Bearish on JWN ...
JWN
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+33.39%
in
147 days
(closed on 03/07/09)
Almost all retailers will suffer in the coming money crunch. With buyers not spending as much due to having less credit, used up their credit, even a lot of good stores will drop because cash flow trumps the quality of the business
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Bullish on JWN ...
JWN
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+9.37%
in
463 days
Nordstrom, Inc., a fashion specialty retailer, provides designer and luxury apparel, shoes, cosmetics, and accessories for women, men, and children. It offers a selection of brand name and private label merchandise. The company provides its products through various channels, including full-line �Nordstrom' stores, discount �Nordstrom Rack' stores, �Jeffrey' boutiques, and catalogs, as well as on the Internet at nordstrom.com. Nordstrom, Inc., through its subsidiary, Nordstrom fsb, also offers a Nordstrom private label card, two co-branded Nordstrom VISA credit cards, and a debit card ...
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From the Blogosphere
Nordstrom’s North Carolina Debut – Analyst Blog
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Nordstrom Inc. (JWN), a leading fashion specialty retailer, has recently announced plans to open a 33,000 square feet Nordstrom Rack in North Carolina, making its debut in the city. Nordstrom Rack is the off-price division of Nordstrom Inc. The first Nordstrom Rack was opened in the basement of the Downtown Seattle store in 1975 as a clearance department. With a huge initial response, it has since grown into a separate division of the company. Currently, there are 69 Nordstrom Rack stores across 21 states in the U.S. The new store, the first of its kind in North Carolina, is expected to o...
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E House China Holdings Ltd. – Momentum – Zacks Rank Buy
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E House China Holdings Ltd. (EJ) reported better than expected third-quarter results on Nov 17 and offered bullish guidance that has since pushed estimates higher.
Third-Quarter Results
Sales were up 119% from last to $86.2 million. Earnings also came in strong at 43 cents per share, 12 cents ahead of the Zacks Consensus Estimate. The company has beat in each of the last four quarters by an average of 6 cents, or 44%.
<>E House CEO Xin Zhou said that he is confident the company will maintain its strong growth trajectory as the Chinese economy continues to boom on both organic growth and >...
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Nordstrom Inc. – Momentum – Zacks Rank Buy
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Nordstrom Inc. (JWN) continues to trade near its 52-week high on the heels of better than expected Q3 results.
Company Description
Nordstrom, Inc operates as a specialty fashion retailer for men, woman and children in the United States. The company was founded in 1901 and has a market cap of $7.38 billion.
<>The retail sector has been weak for the last year as consumers continue to struggle with overbearing debt and high unemployment. But in spite of the challenges shares of Nordstrom have posted big gains as the company adjusts to the challenging environment. This dynamic showed up on N>...
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Zacks Releases Four Powerful ”Buy” Stocks: Universal Health Services, Inc, Crane Co., Nordstrom Inc. and Cooper Tire & Rubber Company – Press Releases
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For Immediate Release Chicago, IL – November 20, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. <>The four highlighted picks are: Universal Health Services, Inc (UHS), Crane Co. (CR), Nordstrom Inc. (JWN) and Cooper Tire & Rubber Company (CTB). Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered fre>...
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Top Performer for Wed: Chico’s (CHS) – Zacks #1 Rank Top Performers
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On a day when the market is stuttering, specialty retailer Chico's FAS, Inc. (CHS) finds itself in the green by about 10.5%. That's more than enough to make it a Zacks #1 Rank Top Performer for Wednesday.
<table><tbody><tr><td /></tr></tbody></table> The advance can be attributed to a strong fiscal third-quarter report announced earlier today. EPS improved on a year-over-year basis and topped the Zacks Consensus Estimate, while sales also moved higher. <>
Volume today is around 11.5 million shares, which is almost triple the daily average of 4.1 million. <> Chico's FAS is a women's special>>...
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Sell the retailers
- Ok, here is a dumb question. Who think the retailers will have improved numbers? Not me. I am selling them all.
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SELL THIS RALLY
- Sell this rally if you know what is good for you. The reasons are simple and relatively straight forward. Firstly, nothing has changed if anything th...
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