Kohl's Corp


Markets Live Recap: Why Stocks Gave Back Nearly Half of Yesterday's Rally

Stocks failed to build off the positive momentum that fueled the rally yesterday.

Yesterday, Moderna Inc. (NASDAQ: MRNA) posted positive coronavirus vaccine data and U.S. Federal Reserve Chair Jerome Powell announced the Fed would digitally add more money to the system as needed.

Today, reality struck back.

Morderna announced it would be raising $1 billion of new stock to take advantage of its 20% surge yesterday.

The stock dropped 10.4% today.

And you can add Howard Marks to the list of billionaire investors who think this market is overvalued after he said these "artificially supported" markets will fall when Fed aid slows.

Consider his remarks another blow to the credibility of Jerome Powell.

Overall, the Dow fell 1.6%, the S&P 500 fell 1% and the Nasdaq dropped 0.5%.

Here's what our experts – Chris Johnson and Shah Gilani – saw at the open and close of today's trading session.



Markets Live Recap: Stocks Rise Another 2% Despite Record Jobless Claims

Stocks surged to close the week higher as investors think the worst of coronavirus is behind us.

That's even after the U.S. unemployment rate soared to 14.7%, the worst since the Great Depression.

Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – saw in the markets today.

And how they think investors should be positioning themselves heading into next week…

And how they think investors should be positioning themselves heading into next week...


The Best Options Trade on Robinhood This Week

Retail sales just had their biggest monthly decline ever in March, but some retail stocks have soared despite store closures, plummeting sales, and little consumer confidence.

One of those thing has to give, and we don't see sales surging anytime soon.

We're going to capture that downside with an options trade. It's not as simple as a put option either; it's a trade that will maximize your upside while limiting your cost.

And it's an options trade you can easily execute on Robinhood...

The Fed

The Fed's Latest Surprise Gives You a Big Profit Opportunity This Week

Traders woke up Thursday morning thinking 8:30 a.m. was going to set the mood for the day. That's when the Department of Labor was scheduled to release its weekly number of new unemployment claims made the previous week.

As it happens, the numbers were awful, at 6.6 million new applicants. That's in addition to the 6.9 million the week before, and 3.3 million two weeks prior.

In other words, an astonishing 16.8 million Americans have lost their jobs in just three weeks. That beats the records set during the Great Depression by several times over (of course, the U.S. has a much larger population now – but still…)

This weekly number was also way worse than expected, with analysts estimating something between 3 million and 5 million new claims.

But instead of dropping, markets opened up more than 1.5%. It's as if 6.6 million people losing their jobs in a single week won't affect companies negatively.

Well, in the short term, that may be the case. Because at almost the same time that the Department of Labor released its data, U.S. Federal Reserve Chair Jerome Powell went on air.

What he announced sent pre-market trading skywards. It was yet another stimulus plan, for another $2.3 trillion.

This time, the Fed will be guaranteeing loans made to states and municipalities, and also to households.

But the most important piece of the announcement has the Fed doing something it has never done before…

And it sent one part of the market up three times more than the Dow.

Should you jump on the bandwagon? Here's what I think… Full Story

Should you jump on the bandwagon? Here's what I think...

Trading Strategies

The Last Retailer Standing Could Hand You 100%

You probably don't need me to tell you how the retail sector has transformed over the past few years. If you've driven past a mall lately, you know it's pretty grim out there for brick-and-mortar outlets.

In the coming months, over 100 Sears and Kmart stores will close. Popular teen-centric clothing store Forever 21 just filed for bankruptcy protection. Heck, I was on Bed Bath & Beyond's earnings call when management announced the closure of 20 more stores (up from 40).

You can chalk that up to Amazon, or folks going directly to their favorite brands online, or rapid delivery – it's all those things.

But there's always an exception, and now there's one "legacy" retailer that refuses to be broken. The department store just announced some big changes that should add up to one of its best holiday shopping seasons ever.

That makes it the perfect candidate for this kind of trade...