Retail Earnings at the Mall
Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next twelve months. Stocks with a black number in the Table are projected to move higher by that percentage over the next twelve months.
Value Level: The price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.
Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.
Risky Level: is the price at which to enter a GTC limit order to sell on strength.
Investors and traders should employ a buy-and-trade strategy between value level and risky level.
Retailers reporting earnings results after the close today:
Hot Topic (HOTT) ($8.50): Has a buy rating with an elevated price-to-earnings ratio. The stock is below its 200-day simple moving average at $9.38. The weekly chart is negative with the five-week modified moving average at $8.83 and the 200-week SMA at $7.49.
Limited Brands (LTD) ($47.31): Has a buy rating with a reasonably elevated P/E and is above its 200-day SMA at $47.09. The stock set a multi-year high at $52.20 on Sept. 21. The weekly chart profile is negative with the five-week MMA at $48.02 and the 200-week SMA at $30.50.
Williams-Sonoma (WSM) ($46.05): Has a buy rating with a reasonable P/E and is above its 200-day SMA at $38.80. The weekly chart profile is overbought with the five-week MMA at $45.05 and the 200-week SMA at $29.51.
Retailers reporting earnings results pre-market Thursday:
Buckle (BKE) ($47.68): Has a buy rating with a reasonable P/E and is above its 200-day SMA at $43.51. The stock tried to trade above $50 in March and April and could not and tested $49.50 on Nov. 7. The weekly chart shifts to positive with a close this week above its five-week MMA at $45.79 with the 200-week SMA at $36.38.
Gamestop (GME) ($23.26): Has a buy rating with a favorable P/E and is above its 200-day SMA at $20.87. The weekly chart is overbought with the five-week MMA and the 200-week SMA converged at $22.46 and $22.59.
Childrens Place (PLCE) ($57.57): Has a buy rating with a reasonable P/E and is above its 200-day SMA at $51.89. The stock set a multi-year high at $62.24 on Nov. 6. The weekly chart is negative with the five-week MMA at $58.51 and the 200-week SMA at $43.07.
Retailers reporting earnings results after the close Thursday: