Tag: Macy’s

Top News Stories For November 21 2017


The day’s top news stories from stocks on the GuerillaStockTrading watch list. Apple Inc. (AAPL) (11/21) Apple scientists disclose self-driving car research – Nov 21 (Reuters) – Research by Apple Inc computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears Read More »

S&P Retail ETF XRT chart shows market prediction path revised lower after disappointing reports on JC Penny and Macy's.

S&P Retail SPDR Market Prediction Path Moved Lower


The S&P Retail ETF XRT was revised lower today on the Symmetrical Triangle breakdown. XRT broke down out of the Symmetrical Triangle pattern after J.C. Penny cut its 2017 earnings forecast on Friday, October 27, 2017. J.C. Penney cut its forecast for 2017 adjusted earnings to 2 cents to 8 cents per share from 40 Read More »

Shopping Center Carnage: $47.5 Billion In Loans Coming Due


The second-biggest US mall owner General Growth Properties defaulted last month when a $144 million loan on a property came due. The default by General Growth Properties could be a sign of troubles to come. [graphiq id=”koC9fbUh0X3″ title=”General Growth Properties Inc. (GGP)” width=”440″ height=”553″ url=”https://w.graphiq.com/w/koC9fbUh0X3″ link=”http://listings.findthecompany.com/l/31679019/General-Growth-Properties-Inc-in-Chicago-IL” link_text=”General Growth Properties Inc. (GGP) | FindTheCompany” ] A Read More »