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?
Sunday Night Futures
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Weekend:
• Schedule for Week of May 5, 2024
Monday:
• At 2:00 PM ET, *Senior Loan Officer Opinion Survey on Bank Lending
Practices* for April.
From CNBC: ...
1 hour 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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