Kohl’s has recently unveiled in 10 stores that they are going to begin selling Amazon products as well as accepting returns of items that were purchased from Amazon. In a dark and depressing retail landscape, this is a bright spot and these two are teaming up to play into their respective strengths. Kohl’s has the brick and mortar presence that Amazon does not. Kohl’s benefits by having the privilege to sell Amazon products and attract a new dynamic customer base.
New homebuilding numbers came out and they were lower than expected, but they are saying that this is due to the hurricanes that have hit the country. Certainly this has something to do with it, but keep in mind that there could be underlying issues. Homebuilding is an indicator of peoples willing to move and buy, and can show a trust in the workforce that jobs are readily available or there is enough people spending money. Investments that could be specifically affected are REIT’s are real estate investment trusts. Typically a go to for investors to add diversification, it is sensitive to these situations.
Bitcoin continues to push boundaries by making new highs, but many are beginning to wonder if it is over valued and is being hyped up. Time will reveal the answer to that, but in the mean time, it continues to be a form of investment and spending for many. Bitcoin is the face cryptocurriencies everywhere and it stretches far beyond the coin itself.
Technology continues to advance and the many different applications on the market now allow the user to invest essentially however they like. A popular issue that arises though is that people are tired of the cost of trading. Some brokers are charging five dollars or more to process a trade. The more people pay for trades the less they are investing and it diminishes potential returns. With that being said, there are multiple ways to increase your investing margins using apps for your phone.
With many retail locations closing their doors, Spirit Halloween is taking advantage by moving into malls and other prime locations. Spirit Halloween is the store that comes around Halloween time and sells seasonal items pertaining to the holiday. They move into locations where stores were once located and set up shop for roughly two months. This is proving to be a successful business model as there is over a thousand of these stores across the country.
Bitcoin continues to pop up in mainstream media and is sometimes referred to as a safe haven asset. A safe haven asset may be a stretch but the fact that Bitcoin remains through the scares of the market should speak volumes. Bitcoin is the face of the cryptocurrency world and continues to be as market explodes with attention and opportunity. Many who are unfamiliar with Bitcoin only know it for its explosive growth and speculative nature. There is more to Bitcoin than meets the eye, and here is the good, the bad, and the not so ugly aspects of Bitcoin.
Roku has their initial public offering today and everything seems to be going well, with the stock being up over 30% before noon. Roku produces streaming devices that are similar to the Amazon Fire TV Stick and Google Chromecast. Streaming has become a popular way to consume television as these products allow the user to access Netflix, Hulu, and a variety of other channels.
IPO's are difficult to judge because there is so much hype around certain companies and the data can skew as people are quick to buy and then sell, profiting for the quick movements. The potential is there for the company to succeed as they are operating in the right market and it will only continue to grow. Sling TV is a popular streaming service that allows for live television, and that can be accessed on a Roku device. Until there is something to disrupt the streaming industry, Roku may be worth watching.
There have been some waves surrounding the housing market, and specifically buyers. Buyers may begin facing a tougher time finding homes because the inventory is drying up and all that is left are the high-end expensive homes. With this happening, it could drive up home price simply on the basis of supply and demand. If there is a shortage of supply, the price of said supply will increase.
Renting is becoming a popular option for people entering the workforce and beginning their journey in life. The reason is renting takes away the distractions of property insurance, property tax, and the upkeep involved such as replacing a water heater or A/C unit. This tends to work itself out and can be cyclical, as many people postpone selling homes during the winter.
The CEO of Equifax has retired amid the turmoil that surrounds the company. From the different article and opinions, people are calling for criminal charges against individuals at the company. Certainly there is not much that can be done now, except to monitor the situation closely and try to contain the damage.
From an investing point of view, the CEO should have been removed but the fact he retired now could create more confusion in an already hectic environment. Leadership should have stayed and at the very least attempt to clean up the mess. Now, not only do this security issues have to be addressed, but the new leadership needs to be discussed now as well.
The third week of the NFL is concluding tonight and there have been many points of views expressed. From kneeling during the anthem from staying in the tunnel, the President is currently waging a Twitter battle against individuals and teams. Tying this to the markets, there is some hesitation with every word the President speaks because there is a decent threat of violence in North Korea and local protests.
Setting side individual opinion, the markets are beginning to listen closely to what is going on in the geopolitical space. The VIX is something you need to keep an eye on because it will gauge fear in the market. Going forward, there is tight rope being walked and hopefully this all subsides and the markets continue forward.
Trump has put into motion more sanctions against North Korea in an attempt to suffocate the country. However, the leader of North Korea has responded sternly and has threatened to test another large weapon of the coast. The markets continue to press on but this is always a driving force behind the emotions of the market.
The President continues to pressure North Korea into abandoning their nuclear program, but words no longer seem to be working. With that, many people are worried about conflict and the safety of the United States. Until something major happens, the markets should continue to move cautiously around any news.
Walmart has announced that they are going to pass on hiring seasonal help in exchange giving their current employees the extra hours and learning experience. This is different then what other companies in the same field have done, which could work out well for Walmart.
Thinking from an operations standpoint, there is no need to train new people, set them up for payroll, and have on the job training. Sure the tasks may not be the most difficult, but there still is some training involved. The company was also under pressure not too long ago for not paying their employees enough, so supporters of that will be enthused to learn about this.
Bed Bath & Beyond has fallen as much as 15% due to the competition in the home goods sector of the market. This company is known for their diverse selection of home goods as well as gift registries for major events such as weddings or graduations. It sounds like a broken record, but the retail space is shifting as we know it any very few are pushing through it with massive success.
A company such as Bed Bath & Beyond needs to up their online presence if they stand to compete against the Amazons and Walmarts of the world. Retail companies have been pressured, but this can create value for investors. Value is what we all are searching for, but this takes time and patience to wait for the right opportunity.
T-Mobile and Sprint have discussed mergers and this should come as no surprise. T-Mobile has continued to do well over the last few years and this makes them more competitive than before. The price wars within the cell phone industry have caused a pullback in the leaders and resurgence in the underperformers, which include T-Mobile.
Obviously they are in the earlier stages of negotiations as it has been report due diligence has yet to be completed. Regardless, these companies have been a candidate for sales or mergers for quite some time. However, the government may step in and decide this is a monopolized industry and disallow the merger. This is certainly to be continued.
Toys “R” Us may begin to file bankruptcy at any point this week. The toy selling giant has been around for years and is under the same pressers as most of retail. Amazon and other large companies with an online presence are taking over the market and shifting the way people conduct business. There are only a few details out to the public right now but this will be another in a long list of companies that closed their doors this year, and we still have 3 more months to go.
Macroaxis does not monitor all media channels or aggregates social signals for Macroaxis. But even though we do not provide professional-grade financial sentiment analysis on Macroaxis, we do publish noise-free headlines that can be used to derive useful patterns or even a trading strategy for Macroaxis. See also Stocks Correlation.