How to trade JWNJWN, now at 19.1 Investing few regularly since 13 since 4 months Target price as per ongoing pattern, 23.5 Holding 24 firmly can push this up to 40-42 in less than an yearLongby krishnadevathiPublished 0
Nordstrom's Strategic Shift: Navigating Challenges in the RetailIn the ever-evolving landscape of retail, Nordstrom ( NYSE:JWN ) stands at a pivotal crossroads, grappling with the aftermath of a global pandemic and the shifting tides of consumer behavior. The recent announcement of weaker-than-expected forecasts for 2024 has sent shockwaves through Wall Street, prompting analysts and investors alike to scrutinize the company's strategies for survival in a fiercely competitive market. Amidst concerns of sluggish demand and cautious consumer spending, Nordstrom ( NYSE:JWN ) finds itself facing an uphill battle. Despite delivering strong holiday-quarter sales, the specter of inflation and higher interest rates looms large, casting doubt on the company's ability to stage a robust recovery. With annual revenue projections falling below expectations and profit per share estimates disappointing investors, Nordstrom's ( NYSE:JWN ) performance in the coming year hangs in the balance. Analysts point to several key factors contributing to Nordstrom's challenges. The company's reliance on non-essential items, such as apparel and household goods, leaves it vulnerable to fluctuations in consumer sentiment and economic conditions. Moreover, intensifying competition from online retailers and fast-fashion brands has put pressure on Nordstrom's traditional brick-and-mortar model, necessitating a strategic rethink. In response to these headwinds, Nordstrom ( NYSE:JWN ) is embarking on a bold new direction. Central to its strategy is a concerted effort to revitalize its discount banner Rack, leveraging it as a vehicle for growth in the burgeoning off-price channel. By tapping into the demand for affordable, trend-conscious products, Nordstrom ( NYSE:JWN ) aims to broaden its appeal and capture market share among lower-income consumers. The decision to eschew new full-line stores in favor of expanding Rack's footprint underscores Nordstrom's commitment to adaptability and agility in a rapidly changing industry. By reallocating resources towards areas of growth and opportunity, the company seeks to carve out a niche in the market while mitigating the impact of stiff competition. However, challenges persist on the horizon. Nordstrom must ( NYSE:JWN ) contend with Macy's, its peer in the retail sector, which has opted to pivot towards its luxury brands to court higher-earning clientele. The divergence in strategy highlights the divergent paths taken by retailers grappling with similar market forces, underscoring the complexity of the retail landscape. As Nordstrom ( NYSE:JWN ) charts its course for the future, the road ahead remains fraught with uncertainty. Yet, amidst the turbulence, opportunities abound for those willing to embrace change and innovation. With a steadfast commitment to adaptation and a keen eye on emerging trends, Nordstrom stands poised to weather the storm and emerge stronger on the other side.Longby DEXWireNewsPublished 2
Nordstrom Long +114% 1:5RRI see Nordstrom having a strong rally in the coming weeks and I can see it easily taking out all those highs fairly quickly and putting in over +100% move. I compared it to other companies I'm bullish on and it's showing relative strength vs them too which adds to my conviction.Longby TipsOfPipsPublished 2
I like JWN at 14.13Nordstrom is still a profitable company, even if middle-class retail continues to evaporate. It has BIG SUPPORT at this level. Has a tendency to jump up from this level. COUNTERPOINT: No real idea how many people are willing to buy/sell at prices lower than this; sub-14 hasn't been seen since late 2020.Longby ChemistNateUpdated 1
Nordstrom Head and Shoulder'sJWN has a trailing twelve month Price to Earnings (PE) ratio of 73.69 which places it above the histroical average of roughly 15. Another expensive retail name #JWN has alot of stores in #California Obviously not a great place to be a retailer, given the rampant crime spree going on in that state! well The chart action clearly foretells further woes ahead ..Shortby BallaJiPublished 220
JWN Upside Target JWN got destroyed after their recent earning. The stock price is on fire sale at this time and it seems like the stock bounced off the gap it created a long time ago. There is a gap to be filled on the upside (Green gap) Price Target on shown on the chartLongby Demo_ChenPublished 1
JWN cluster support is here 👀if 11 holds my targets of 31-45-61 should hit in the mid-long term.. boost and follow for more! ❤Longby Vibranium_CapitalUpdated 2214
NORDSTROM Stock Chart Fibonacci Analysis 033123Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 15.7/61.80% by fibonacci6180Published 114
$JWN Nordstrom Ryan Cohen Really did Buy the Turtle Necks. Seems A good area to keep eyes on. Try see if finds support on POC (Point of Control) in Volume Profile Looks primed to move up. Possible Targets Described in Video Not Financial Advice. If Ryan Cohen Has bought in, I suspect this is worth a entry. NYSE:JWNLong10:48by meltedlaughterPublished 0
JWN Protective Options StrategyFashion retailer Nordstrom sells brand name clothing, shoes, beauty, home goods, etc in 94 large department stores as well as 240 Nordstrom Rack outlets. It also makes ~50% sales online, via their official websites as well as flash-sales from HauteLook and curator services through Trunk Club. Technically minded investors may see some opportunity in the chart (bottoming, consolidation into a falling wedge) along with optimism in the general stock market with the Fed's lower rate hike this week. The RSI has also been consistently chopping in the almost-oversold region, possibly indicating upward momentum. However, Nordstrom's weak holiday sales earnings may also cause some hesitation -- this opportunity is not without risks. With this bullish options strategy, you can capture up to 21% (22% annualized) of the potential gain with downside protection of 34% -- start to lose only if JWN falls below $12.43 as of 1/19/24 Trade Legs: Buy 1 $17.5 call Sell 1 $22.5 call Sell 2 $12.5 puts All expiring 1/19/24 Capital requirement for this strategy: $2,486Longby oliveinvestPublished 1
JWN Bearish inclined naked calls 14 Oct expiryWhats The Plan/Trade/Thought JWN seems like a good candidate to sell calls especially since they had a huge 16% gap down after their earnings on the 16 Aug My hypothesis is that there will be a continued bearish price movement below S&R 19.26. Encouraged by the broader market movement and retail’s tightening Despite the Fed’s action, the latest reports still see a rising CPI and Core inflation numbers. If the effects are not yet felt by the consumers this will catch up soon JWN has a S&R line on 19.26 and so far it seems to be holding out Risk Mitigation 21.72 is a Trade Risk Point where the recent gap would be filled and a full reversal is confirmed 19.26 is an S&R line and if it holds out it confirms the new bearish price direction Imagine Yourself Taking The Other Side With the huge 17% bearish gap, I don’t think it is a good risk to be bullish on this stock. Especially with the bear market stance Look For New Information No new information How Do I Feel Now I would have preferred to sell at the strike of 23 but the price provided was not conducive. I bought this at 22.5 as if my hypothesis of a continued bearish price direction at S&R 19.26 holds, we should be ok. Trade Specs Sold 410 Calls @ 0.15 Strike: 22.5 % to Strike: 22.73% BP Used: 77k Max Gain: 6150 Shortby Ronin_traderUpdated 111
JWN Bearish inclined naked calls 31 July expiryWhats The Plan/Trade/Thought JWN (Nordstrom) is a luxury departmental store chain. With the concerns of the recession and the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction US retail sales also post the first drop in 5 months as auto purchases plunge and inflation bites Risk Mitigation I have two S&R lines at 26 and 29.46 if it breaches 29.46 it is an immediate close Imagine Yourself Taking The Other Side I would not take a bull position on this. Especially since retail is one of the industries that will be hit first by inflation Look For New Information The slight decline in May, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation. I Feel I believe I am aligned with the larger market sentiment. While there might be a technical recovery. I think the drops are deeper than the climbs. Also the media keeps hammering into readers the “recession” word Trade Specs Sold 270 Calls @ 0.34 Strike 31 26% to Strike BP Used: 66460 Max Gain: 9004.5 Shortby Ronin_traderUpdated 0
Nordstrom JWN - A Latent ScalpI hear that the economy is pretty bad right now. So bad that we're in a recession, although the Government doesn't like the word "recession." The real word to describe the situation humanity is facing that nobody is saying yet, however, is "Depression." Here in North America, we aren't quite there yet, but no amount of money printing and astroturfing is capable of keeping the true state of the environment, the food supply, the water sources, and our energy reserves hidden for all that much longer. So, they say that for a company like Nordstrom, it's surely "a strong sell." After all, the whole sector is going down the drain because even the middle-upper class is spending less, and that surely is true. Yet, one doesn't have to back up the dump truck to buy and hold something for 6 years, either. Nordstrom's post-dump price action has some unique characteristics. Mainly, that for the better part of two weeks, it's been completely bearish. It also has not retested the $20 psychological level to find buyers, or rebalanced the dump's gap. That all on its own is peculiar in a market that just loves to flirt with gaps after making them, at least a little bit. With price trading as low as $16.84 on Friday, a run to $21 yields a 22% trade. Ideally, if price action is to do the pseudo fakeout dump I am expecting when markets open on Tuesday: SPX / ES - Bull Whips and Bear Saws One can get in cheaper than $16.84, and then the risk/reward is all the sweeter. I believe it's without a doubt that an exceptional shakeout is coming in the markets, a fundamental correction that will crack the pre-COVID highs and have everyone questioning what's going to happen with their happiness and their investments. So JWN Nordstrom is not something you would want to hold. You want to drop it like a hot potato. But its current setup does provide what may be an imminent opportunity.by LordWrymouthUpdated 3
Short scalp JWNBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF JWN breaches Friday's low of $19.24 during Monday's session.Shortby MrHalfPercentPublished 0
Downside for this JWNmore downside for this jawn, wonderful ticker choice, not so hot on the business model. looks likie some more value is about to be eaten by the market, ggs Shortby largepetrolPublished 1
JWN still not found bottomJWN is in a strong down trend, the economy and a lot of other factors are still drain it. Technically the bottom is around $16, high accepted price in the volume profil. Shortby TradeandGrowPublished 3
NORDSTROM - BEARISH SCENARIONORDSTROM reported better than estimated Q2 results. EPS came in at $0.81, better than the consensus estimate of $0.80. Revenue grew 12% year-over-year to $3.99 billion, compared to the consensus estimate of $3.96 billion Despite the good report the American luxury department store chain is facing demand and customer traffic decelerating The next price target is located at the $12 support level. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Shortby legacyFXofficialPublished 2
17/8/22 NYSE JWNDesicion to Buy. Entry Price = $26.20. Target Price=$27.05. Stop Price=$25.35.Longby Airecap_SuperPublished 0
#JWN still in Consolidation mode. Getting close to the bottom.JWN has been consolidating for about 14 months. It's getting close to the bottom of the triangle. Only time will tell to see if it holds $20 or if it falls thru and continues downward.Shortby renkotradingcompanyPublished 1
JWN ShortDowntrend Channel touch, Bounce back to supply Zone, 1st Trendline break+ retest, 2nd Trendline break, GAP down and run, Earning: 8/22/2022 Est. 0.82 Short 24.5 Stop 28 Target 20, 12 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.Shortby PlanTradePlanMMUpdated 0
JWN Recurring PatternA large broadening wedge has formed showing three distinct tops initially This recurring pattern can be seen in red with the last top yet to form With this top to form a large bullish move is required Similar bottoms can be observed also along the bottom dotted line re-emphasizing the pattern 200MA for further emphasis by BixleyPublished 112
Tesla & Nordstrom OpportunitiesBear market is here and we are seeing swings up & down today. Nordstrom reporting earnings willthey go up or tank? 03:35by WiseowlInvestmetsLLCPublished 0
JWN Bullish inclined Naked Calls 20 May Expiry (May Track 3)Whats The Plan/Trade/Thought I had filled my Macy’s trade first but as I was looking at the charts I realised that it was possible for me to create some sort of a hedge with JWN and M (one being Puts, the other Calls). JWN similar to Macy’s has strong S&R lines at 30, 26 and 24.19 As I believe we are in the ranging situation. I expect the price to drop or go up but be contained within the S&R lines at least for the short term I Feel I’m entering this reflection post and 2 days after filling this trade, Fed Powell announces the rate hikes and the price drops by 5.25%. Not surprising, but I didn’t expected this drop to happen so quickly. I figured this would happen closer to May. I’m still confident of this trade plan Imagine Yourself Taking The Other Side This is possible also as it is aligned with the range movement I expect and there is an S&R line at 30.20 Imagine Yourself As A Neutral Observer This trade as a hedge with the Macy’s trade makes good sense and the strong S&R lines below at 26 and 24.19 gives good resistance Look For New Information Before trade entry Nordstrom generally has positive news with it rising 27% How Do I Feel Now I feel ok, with the current situation but will have to monitor how the first S&R line holds Trade Specs Sold 340 Puts @ 0.22 - Strike 22.5 % to Strike 29% ATR 22% BP used 75k Max Gain: 7534.4 by Ronin_traderUpdated 0