Technical options. You decide based on fundamentals.Currently, if inverse head and shoulders bounces right shoulder here (4.70-4.80) and goes up, technical analysis dictates that it will go uppppp. Now if the right shoulder over extends that head, it's no longer a head and shoulder. And with the small bearish head and shoulder I traced out at the end of today's (Thursday 23rd) market, it looks like it would be going down. Fundamentally with the current economy, negative news, SPY hovering under channel support (possible breakout down), oil misbehaving, Macy's furloughing like no tomorrow, and nobody doing any shopping because Corona and all time high of unemployment, I probably won't support bulls sorry guys. But hey, the market proves as many people wrong as it can, right. Shortby humdan6664
M - MACYS for free basically at these levels...GLHF, trade at your own risk!Longby BEARYBULLYUpdated 446
M - 4/20/2020M - m/t bearish, tenkan sen crossed death of kijun sen and both lines are presented under this big and thick cloud. Moving forward, another dark cloud is waiting. This is going to be a very hard flight experience for M for at least 3 weeks. by MS1103
MACy's potential taregts Lets see if the bottom fishing\dead cat bounce if over or not. by DEXWireNews1111
Macys potential breakout/rally?This move is highly speculative, but the technicals look encouraging. News sentiment is mixed. Bull/Bear at roughly 45/55.Shortby egeste1
Long Macy'sHello Friens, In the chart of Macy's at 4h time period,it seems that we have a possible move to 5$-5,5$ and if we keep that support then possible a reverse move to 9.5$ This idea does not provide the financial adviceLongby PanagiotisTsounis448
Macy's, Inc. (M) long.All description on the chart. Please, don't forget to like and follow. Thank you. Longby chorny.capitalUpdated 8
Is it worth buying dividends stocks now? why do you think I chose Macy's for my post today? we all know that Macy's is the largest and oldest company in the U.S., founded back in 1858, but I'm not interested in it because it has such a rich history. The point is, this paper is rolled into a coffin. Its value fell by 19% yesterday at the trades: from 5.94 to 4.81. And that's why: dividends! But let's go step by step. Now against the backdrop of panic, many "experts" advise to buy dividend stocks: they say it's okay, let the paper fall, but the dividends will compensate. And then we'll see if it grows. Frankly, I haven't heard a crazier idea yet. Are you people serious? For those who may not be aware of and are facing dividends for the first time, here is a short historical overview. Dividends are a part of the profit of a joint stock company, distributed among shareholders in the form of earnings per share. The history of dividends goes back several centuries. The first joint stock company in the modern sense was the British East India Company, which was engaged in sending expeditions for spices. From 1600 to 1657, the company operated under a system of permanently renewable capital: the shares of the participants were returned to them after each voyage at the expense of profits from the sale of spices. And in 1657 the charter of the company was changed so that the company began to pay dividends, retaining sufficient capital to organize the next expedition. Let's go back to our days: I have never seen such a waiver of dividend payments in the last two weeks. At least three companies have announced it: OXY ( I wrote about it before in the post of oil ), BA and Masy's. It should be understood that companies that refuse to pay dividends will fall the fastest, because the public refusal to pay suggests that there are problems in management and the management can not handle with the situation. In this sense, companies are trapped in some way. Let's move on. Now they're advising you to buy dividend stocks. Guys, this is bullshit. First of all, quarterly reports will be bad, if you buy stocks hoping to be compensated by dividends, it's unlikely to happen, because quarterly reports will be bad.it's possible that many companies will still be refusing dividends. This way, you buy falling paper in the hope of getting divs paid, and they will be cancelled and u will fall even more. Friends, when there is uncertainty in the market, being without a position is also a position, and perhaps the wisest. Take care!) By the way, I'd be happy to your comments or likes. So I can see that you care about what I do. I'm motivated by that.) Educationby AllexMl445
Macy's a buy - Covid discountMacy's brand will survive. Many pressures over the last decade--student loan and credit card debt a big one. As time progresses, student loan relief is inevitable as millennials begin replacing boomers in leadership. Once this happens, malls will spring back with historic vigor and will pull share from Amazon. Physical shopping, Sbarro, Orange Julius--coming back. Macy's can survive in the interim, Covid discount. Long-term buy and hold. All time lows here. Longby scottybfx3
M: Macys worth a gamble?Not encourging anyone to jump on a stock that has had a continuous bear trend even through the greatest US market run in history, but it may be worth a gamble here. If it can recover (as it has in the past) the gains could be fairly absurd. As you can see, buying in now and then achieving its previous high will be almost a 600% gain. Again, not encouraging anyone to buy something that has been on a downward spiral since 2015. :)by infbp225
Macy's trying to stage a recoveryMacy's (NYSE:M) reports owned plus licensed comparable sales fell 0.5% in Q4 to land ahead of the consensus estimate for a drop of 2.3%. "We were pleased with the significant trend improvement in the fourth quarter, including a meaningful sales uptick in the 10 shopping days before Christmas," notes Macy's CEO Jeff Gennette. The company's gross margin rate fell 70 bps to 36.8% of sales during the quarter vs. 36.9% consensus. Looking ahead, Macy's sees sales of $23.6B to $23.9B vs. $23.8B consensus and EPS of $2.20 to $2.40 vs. $2.46 consensus. Seekingalpha Longby DEXWireNews13
Is Macy's so bad it's good.? A trade for the brave, going long into this name into earnings, historically it has not reaped rewards. Short interest 27.6% P/e ratio 4.7 Longby RedHotStocks1126
$M Is On The Verge Of A Breakout$M has caught our eye. The stock does have more work to do, but it is on the verge of a breakout. We need to get above $18 to confirm, but we also believe that the lows of $14.11 are in. We believe investors and funds are going to start banking on a $M turnaround. Here's the latest news on the $M turnaround. Macy’s plans to shutter 125 department stores over the next three years. It is cutting about 2,000 corporate jobs. Macy’s offers fresh three-year financial targets ahead of a meeting with investors. Macy’s said it plans to exit weaker shopping malls, and instead shift its focus toward opening smaller-format stores in strip centers. Macy’s has shuttered more than 100 stores since 2015. Macy’s is calling 2020 a “transition year” and says it expects same-store sales to be negative, “due to the trajectory of the business over the past six months.” Macy’s said Tuesday it expects revenues in fiscal 2020 to fall because of store closures. It is calling for net sales to be within a range of $23.6 billion to $23.9 billion, with same-store sales, on an owned plus licensed basis, dropping 1.5% to 2.5%. Analysts had been calling for net sales of $24.36 billion, according to a poll by Refinitiv. While it hasn’t yet reported fourth-quarter and full-year earnings for 2019, Macy’s shared preliminary results ahead of its investor meeting. Net sales for the fourth quarter, which includes the latest holiday season, are expected to be $8.3 billion, while net sales for fiscal 2019 are expected to be $24.5 billion, Macy’s said. It added it anticipates full-year earnings per share to be near the high-end of a prior outlook, of $2.57 to $2.77. Here are some stats we like: 28% of the float is short $M trading 7x 2020 earnings, 0.22x sales, and 0.89x book. Lastly, we like M$ stores. We shop at $M stores and we do think others do as well. We don't see them going out of business. As always, use protective stops and trade with caution. Good luck to all!Longby InsiderFinancial2222
Macy's Gap fill trade Entry level @ $17.22 with upside target at the gap fill $18.00. Could possible set up a much higher move given the short interest in the stock.Longby RedHotStocks22