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November 11, 2016
J.C. Penney reports worse-than-expected sales
J.C. Penney Co. posted a surprising decline in sales, citing softness in apparel, and lowered a key sales metric.
What they don't tell you as a bargain hunting retail investor, is that the department store industry's 16-year-old falling knife is rusty. Got steel glove and/or tetanus shot?
NAHB: "Builder Confidence Steady but Future Sales Expectations Hit
Six-Month High", Negative territory for 17 consecutive months
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The National Association of Home Builders (NAHB) reported the housing
market index (HMI) was at 32, unchanged from 32 last month. Any number
below 50 indic...
9 hours ago
1 comment:
Speaking of crossing the line...
They also don't tell you that the enemy of my enemy's enemy is probably not my friend's friend!
I found that one out the hard way when I invested in the Ultra-Long Enemy of My Enemy's Enemy Fund.
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