SHLD Sears Holdings Struggles Continue 9-14-18

SHLD Sears

SHLD Sears Holding Running Out of Cash?

Sears’ same-store sales losses narrow but warns it may go out of business

(Reuters) – Sears Holdings Corp (SHLD.O) reported a smaller decline in quarterly same-store sales on Thursday, but warned again that there is doubt about the company’s continued operation as it awaits approval to sell some of its businesses to its chief executive’s hedge fund.

reuters.com/sears-same-store-sales-losses-narrow-but-warns-it-may-go-out-of-business

Sears Delayed Second Quarter Earnings Reaffirms Its Zombie Retailer Status

One can’t blame Sears Holdings (SHLD) for not wanting to share its second quarter results.

The dying owner of the Sears and Kmart brands was scheduled to report its latest results today before the market open. For unknown reasons, it opted to put off the release until after the close. Shares cratered 9% on the session.

And while embattled Sears CEO Eddie Lampert tried to put lipstick on a pig, the second quarter did little to suggest the company is pulling itself out from the grave.

thestreet.com/investing/sears-delayed-second-quarter-earnings-reaffirms-its-zombie-retailer-status

SHLD Sears Holding Corp 9-14-18

SHLD Sears Holding Corp 9-14-18

Today's Trade of the Day | 9-14-18

SFIX Stitch Fix exploded to new highs on fantastic volume. Looking to game plan a new swing trade long using a $49 buy stop above yesterdays high. Stop loss on a close below $47.50. Initial profit target projected shooting for $54.

SFIX Stitch Fix Inc 9-14-18

SFIX Stitch Fix Inc 9-14-18


Stocks to Trade | Friday Edition 9-14-18

Bullish Cash Flow Trades: ETSY, ABBV, CI, DISH, DSCA, TNDM, IQ, MTCH, SFIX, TLRY, PDD

Bearish Cash Flow Trades: sti, sono, stx, dhi, dbx

New 20 Day Breakout: PDD, TLRY, SFIX, MTCH, TNDM, QCOM, DISCA, HAL, CRM, IBM, MA, MSFT, AXP

New 20 Day Breakdown: sti, tal, dhi, pnc

Double Normal Volume: AMD, QCOM, TLRY, CGC, STI, DISCA, IDTI, MNST, FTV UPS, MXIM

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Tape Reading the SPY ETF

SPY ETF 9-14-18

SPY ETF 9-14-18

HEADLINE NEWS

Marijuana Stocks Fall On Report That U.S. Could Ban Canadian Workers
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Walmart’s purchase of Mexico food delivery app set to spur e-commerce
reuters.com/walmarts-purchase-of-mexico-food-delivery-app-set-to-spur-e-commerce

Microsoft buys Lobe, a small start-up that makes it easier to build A.I. apps
cnbc.com/2018/09/13/microsoft-acquires-lobe-ai-startup

Netflix: A Bull-Bear Debate
benzinga.com/analyst-color/netflix-a-bull-bear-debate

AMD stock takes a breather after 5-month rally of more than 200%
marketwatch.com/amd-stock-takes-a-breather-after-a-run-of-more-than-200

About the Author

Pete is a full-time trader and mentor since 2000. Author of Equity Trader 101 and the Order Flow Method. He is dedicated to help self-directed traders to bust through the six-figure level.

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