Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

Before the Bell Scans of J. C. Penney, Kohl's, Saks Inc., and Dillard's



   Before the Bell Scans of J. C. Penney, Kohl's, Saks Inc., and Dillard's

PR Newswire

LONDON, March 20, 2013

LONDON, March 20, 2013 /PRNewswire/ --

The Commerce Department earlier this month reported that retail sales rose
1.1% in the month of February. The stronger-than-expected retail sales data
highlights the fact that improving labor and housing markets have boosted
consumer confidence. With labor market continuing to show signs of
improvement, consumer spending is expected to remain strong in the coming
months. This augurs well for department stores such as J.C. Penney Company
Inc. (NYSE: JCP), Kohl's Corporation (NYSE: KSS), Saks Inc. (NYSE: SKS), and
Dillard's Inc. (NYSE: DDS). Department stores stocks struggled on Tuesday as
the broad market remained under pressure due to ongoing worries over Cyprus's
bailout. StockCall has taken an interest in these companies and you can now
sign up to download the free technical research on JCP, KSS, SKS, and DDS at

http://www.stockcall.com/registration  

Shares of J.C. Penney Company fell sharply on Tuesday, paring some of the
recent gains. The stock closed 0.97% lower at $16.28 on volume of 11.85
million. The stock is still up more than 5.70% in the last three trading
sessions, thanks mainly to the Monday's rally. Year-to-date, however, J.C.
Penney's shares have struggled, falling more than 17%. Technical indicators
for the company are currently giving bullish signals. The stock broke through
$16 resistance level on Monday. Its MACD has also crossed above the signal
line, which is a strong bullish signal. Sign up today to read the free
research report on JCP at

http://www.StockCall.com/JCP032013.pdf

Shares of Kohl's Corporation tumbled in Tuesday's trading session. The stock
ended the day 4.08% lower at $46.56 on above average volume of 4.98 million.
The stock has now fallen more than 5% in the last three sessions. Kohl's
shares fell below their 200-day moving average as a result of the sell-off on
Tuesday. The stock also slipped below $47 support level. These are bearish
signals. This downbeat trend is further confirmed by the stock's MACD chart.
Despite the sharp decline, Kohl's Corp.'s shares are still up more than 8% for
the year. Register to download the free technical analysis on KSS at

http://www.StockCall.com/KSS032013.pdf

Another major loser in the department stores sector on Tuesday was Saks Inc.
Shares of the New York City-based company fell 0.51% to $11.62 on volume of
1.67 million. Saks' shares have performed well this year, gaining more than
10.50%, compared to a gain of over 8.50% for the S&P 500. The stock recently
broke through $11.60 resistance level, which is a bullish signal. However, the
stock's MACD chart suggests that market sentiment may have turned bearish. The
company's shares have support at around $11.60 at the moment. Free report on
SKS can be accessed by registering at

http://www.StockCall.com/SKS032013.pdf  

Shares of Dillard's Inc. fell sharply in yesterday's session, closing 1.57%
lower at $78.59 on above average volume of 662,668. The stock touched an
intra-day high of $80.01 on Tuesday. Dillard's shares slipped below $80
support level yesterday, which is a bearish signal. The negative trend is
further confirmed by recent volume activity, and the stock's MACD chart. The
next support level for Dillard's Inc. shares is at around $74. The company's
shares have underperformed the broad market this year, falling more than 6%.
Register with StockCall and download the research on DDS for free at

http://www.StockCall.com/DDS032013.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at

http://www.stockcall.com  

SOURCE StockCall.com

Contact: William T. Knight, Email: info@stockcall.com, Contact Number:
+1-646-396-9857 (9:00 am EST - 01:30 pm EST)
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement