doctor_fungcool
TB Fanatic
Dow down -962
Nas -455
That is all.
Nas -455
That is all.
ALERT FUNG BLACKALERT: Markets Are Taking A Huge Dump
- Thread starter doctor_fungcool
- Start date
doctor_fungcool
TB Fanatic
This is the first time a black alert has been employed.
doctor_fungcool
TB Fanatic
The BLACK ALERT takes into context the previous down days the markets have endured.
doctor_fungcool
TB Fanatic
I am calling for a grinding recession to begin sometime this summer
(my opinion)
(my opinion)
No argument from here. FJB!
doctor_fungcool
TB Fanatic
Walmart.
Amazon showing weakness .
amongst other big enterprises.
Amazon showing weakness .
amongst other big enterprises.
doctor_fungcool
TB Fanatic
My creation...the black alert takes into context the last three months of market malaise. Plus this alert takes into consideration a RECESSION. IMHO by July it will it arrive.
doctor_fungcool
TB Fanatic
Stagflation is a tax...no doubt about it.
nomifyle
TB Fanatic
What happens when that happens?
LoupGarou
Ancient Fuzzball
They can't have the stock market as it is now if they want their "reset" to work. Can't have people owning tangible assets or anything that they can "cash out", and still be able to have them on UBI and renting everything to complete the cycle leaving you owning nothing and them owning everything. Cryptos, Markets, any trade-abilities will have to go to ZERO for the masses. If you own anything asset wise, you have value outside their system that you can possibly work with. If you don't, then you can be owned by them.
"Company Store" becomes the "Global Store" becomes the "Panopticon Plantation".
"Company Store" becomes the "Global Store" becomes the "Panopticon Plantation".
TheSearcher
Are you sure about that?
S&P just removed Tesla from one of their indexes, with at least the perception, if not fact, that it is a political retribution. The structure of the market itself is now in doubt.
TheSearcher
Are you sure about that?
-1,066 now
Southside
Has No Life - Lives on TB
Inverted yield curve is a pretty accurate sign.
And we're there!
during a recession, they lower interest rates and lower taxes.
during inflation, they raise rates and raise taxes.
with an inflationary recession,
they are in one of those Chinese finger locks
where they must raise rates but they must lower rates.
But they are Democrats, so they will do both
during inflation, they raise rates and raise taxes.
with an inflationary recession,
they are in one of those Chinese finger locks
where they must raise rates but they must lower rates.
But they are Democrats, so they will do both
doctor_fungcool
TB Fanatic
Panopticon Plantation...great term
TheSearcher
Are you sure about that?
I feels like a multipoint failure...
Groucho
Has No Life - Lives on TB
Black Swan? I dunno, it just popped into my mind.
Bubble Head
Has No Life - Lives on TB
Acting like 1929 only this time will be 10 times worst. Better get the nets out around the trade buildings.
LoupGarou
Ancient Fuzzball
Ask yourselves where is the money flight to?...
This is just the pump and dump, sump and jump part of the "landing".
Cryptos 100:1 or worse.
Off books holdings of Gold and Silver are unknown.
Cash is NOT a jump to point.
All the markets are questionable, if not fully BS'ed.
And Oil and Energy are completely unknown with all that is going on.
So where is everyone jumping to? Where is the stable axis?
Weimar took months and years because the communication networks were Mail, telegraph, and telephone. Now we have trades done in thousandths of a second. When the protection subsystems are taken away, how fast will we land, and how hard will we all hit?
And who is already bailed out the plane with a parachute?
Capt. Eddie
Veteran Member
makes sense and then all they have to do is wait a few months for everyone and anyone holding gold or sliver to cash it out and they got what they want and thats entire country full of people that will be nothing more than subjects they can do what ever they want to us or so they think.
Trouble
Veteran Member
Begin? Where have you been brother. We are deep into one and have been. It's not the future, it is now. It's only gonna get worse. Summer will only be worse, gas will be $5+ and everything else will be higher. Guaranteed
Retail stocks getting hammered,
Target Corporation (TGT)
NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
Visitors trend2W10W9M
156.31-58.97 (-27.39%)
As of 02:02PM EDT. Market open.
Target Corporation (TGT)
NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
Visitors trend2W10W9M
156.31-58.97 (-27.39%)
As of 02:02PM EDT. Market open.
TheSearcher
Are you sure about that?
Hfcomms
EN66iq
Target down 27.3% now. Can you imagine how many pension funds are invested in them. By market cap Target is was one of the larger retailers on the block. A move like this in one trading session for such a major company is almost unheard of. Must not have any trading stops I guess.
Edit;
Just looked at Walmart which is down almost 9% today and Amazon down over 7%.
Edit;
Just looked at Walmart which is down almost 9% today and Amazon down over 7%.
TheSearcher
Are you sure about that?
Yeah, you'd think that there would be some sort of stop-loss thing, and it didn't trigger. What would prevent that?
Long story short?
Consumers have run out of discretionary buying power due to rising energy, housing, and food costs.
Fair Use Cited
---------------
Target, Walmart: 3 takeaways from 'a wild 48 hours in retail'
Brian Sozzi
·Anchor, Editor-at-Large
Wed, May 18, 2022, 11:59 AM
It doesn't take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week.
All of them come to the same conclusion though: Consumers are being financially battered by inflation and the economy is slowing much quicker than Wall Street economists have factored into their 500-step multi-factor models.
"It has been a wild 48 hours in retail," Jefferies Analyst Steph Wissink said on Yahoo Finance Live (video above). "We heard from Walmart yesterday and Target today. One of the things that stood out to us was the common patterns. We are seeing both companies are signaling that their stores are seeing strong traffic versus e-commerce. Both are seeing high costs to execute their business. Consumers are moving more towards essentials versus discretionary merchandise."
"The last thing is not going to abate anytime soon," Wissink added. "There were a lot of conversations among investors that maybe inflation for the consumer has peaked, but these companies are giving us very different signals that we are still seeing costs rise more than prices."
Wild may even be an understatement. The two retailers have shed more than $65 billion in combined market cap in the past two sessions alone as investors rerate both stocks for the leaner quarters ahead.
The poor quarters from Walmart and Target have unleashed major sell-offs in other household name retailers such as Best Buy, Dollar General, Dollar Tree, and Costco.
Here are three takeaways that caught the analytical eyes of us here at Yahoo Finance.
1. Inflation has gotten out of control
Walmart and Target both saw serious margin pressure as inflation in the supply chain bore down on financial statements.
The discounters were caught flat-footed in not raising prices fast enough to offset inflation's ugly tentacles.
"We never expected the kind of cost increases in freight and transportation that we're seeing right now," Target chairman and CEO Brian Cornell told Yahoo Finance. Target estimates it may see an additional $1 billion in freight and transportation costs this year tied to near-record-high fuel and diesel prices.
The inflation theme was similar at Walmart, too.
"We still feel great about the business model of the company. I feel good about the year. It's that we're dealing with some things that we haven't dealt with before, and we'll work our way through it," Walmart CFO Brett Biggs conceded in an interview with Yahoo Finance.
2. Bloated inventories
Both retailers saw inventories balloon by more than 30% in the first quarter, reflecting price increases by vendors but also consumers pulling back on discretionary purchases like home goods.
Walmart noted general merchandise markdowns were $100 million greater than expected.
"Most of the increased inventory and related costs were related to buying over the past several quarters with a keen focus on in-stock, and now we're in a short period of rightsizing it. The current sales strength and warmer weather in the U.S. give us confidence in our ability to work through this fairly quickly and strategically," Biggs told analysts on the earnings call.
Analysts say it will take several quarters for the retailers to work through their excess inventories, pressuring margins further in the process.
3. Price increases are coming
Walmart and Target will now look to push through price increases on shoppers where they can in a bid to fend off inflation. The duo will also try to find cost savings in other parts of their operations to protect margins.
"First, we are going to try to hold costs with suppliers — but if prices go up in a certain way, then we'll have to take prices [up] on items," Biggs explained.
"We've got to make sure that we don't lose our value positioning," Target's Cornell said. "So we are selectively and surgically passing on costs in certain categories where our cost of goods have skyrocketed, but from a freight transportation standpoint, that we've had to look at other ways to drive efficiency in our operations."
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
TGT 156.10 -59.18 -27.49 : Target Corporation - Yahoo Finance
Consumers have run out of discretionary buying power due to rising energy, housing, and food costs.
Fair Use Cited
---------------
Target, Walmart: 3 takeaways from 'a wild 48 hours in retail'
Brian Sozzi
·Anchor, Editor-at-Large
Wed, May 18, 2022, 11:59 AM
It doesn't take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week.
All of them come to the same conclusion though: Consumers are being financially battered by inflation and the economy is slowing much quicker than Wall Street economists have factored into their 500-step multi-factor models.
"It has been a wild 48 hours in retail," Jefferies Analyst Steph Wissink said on Yahoo Finance Live (video above). "We heard from Walmart yesterday and Target today. One of the things that stood out to us was the common patterns. We are seeing both companies are signaling that their stores are seeing strong traffic versus e-commerce. Both are seeing high costs to execute their business. Consumers are moving more towards essentials versus discretionary merchandise."
"The last thing is not going to abate anytime soon," Wissink added. "There were a lot of conversations among investors that maybe inflation for the consumer has peaked, but these companies are giving us very different signals that we are still seeing costs rise more than prices."
Wild may even be an understatement. The two retailers have shed more than $65 billion in combined market cap in the past two sessions alone as investors rerate both stocks for the leaner quarters ahead.
The poor quarters from Walmart and Target have unleashed major sell-offs in other household name retailers such as Best Buy, Dollar General, Dollar Tree, and Costco.
Here are three takeaways that caught the analytical eyes of us here at Yahoo Finance.
1. Inflation has gotten out of control
Walmart and Target both saw serious margin pressure as inflation in the supply chain bore down on financial statements.
The discounters were caught flat-footed in not raising prices fast enough to offset inflation's ugly tentacles.
"We never expected the kind of cost increases in freight and transportation that we're seeing right now," Target chairman and CEO Brian Cornell told Yahoo Finance. Target estimates it may see an additional $1 billion in freight and transportation costs this year tied to near-record-high fuel and diesel prices.
The inflation theme was similar at Walmart, too.
"We still feel great about the business model of the company. I feel good about the year. It's that we're dealing with some things that we haven't dealt with before, and we'll work our way through it," Walmart CFO Brett Biggs conceded in an interview with Yahoo Finance.
2. Bloated inventories
Both retailers saw inventories balloon by more than 30% in the first quarter, reflecting price increases by vendors but also consumers pulling back on discretionary purchases like home goods.
Walmart noted general merchandise markdowns were $100 million greater than expected.
"Most of the increased inventory and related costs were related to buying over the past several quarters with a keen focus on in-stock, and now we're in a short period of rightsizing it. The current sales strength and warmer weather in the U.S. give us confidence in our ability to work through this fairly quickly and strategically," Biggs told analysts on the earnings call.
Analysts say it will take several quarters for the retailers to work through their excess inventories, pressuring margins further in the process.
3. Price increases are coming
Walmart and Target will now look to push through price increases on shoppers where they can in a bid to fend off inflation. The duo will also try to find cost savings in other parts of their operations to protect margins.
"First, we are going to try to hold costs with suppliers — but if prices go up in a certain way, then we'll have to take prices [up] on items," Biggs explained.
"We've got to make sure that we don't lose our value positioning," Target's Cornell said. "So we are selectively and surgically passing on costs in certain categories where our cost of goods have skyrocketed, but from a freight transportation standpoint, that we've had to look at other ways to drive efficiency in our operations."
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
TGT 156.10 -59.18 -27.49 : Target Corporation - Yahoo Finance
Last edited:
Intestinal Fortitude
Have Faith
dominoesIt's a frikken waterfall...
TheSearcher
Are you sure about that?
So, they have bloated inventories because people are unable to afford the items in those inventories, but they will raise prices to try fixing the situation.Long story short?
Consumers have run out of discretionary buying power due to rising energy, housing, and food costs.
Fair Use Cited
---------------
Target, Walmart: 3 takeaways from 'a wild 48 hours in retail'
Brian Sozzi
·Anchor, Editor-at-Large
Wed, May 18, 2022, 11:59 AM
It doesn't take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week.
All of them come to the same conclusion though: Consumers are being financially battered by inflation and the economy is slowing much quicker than Wall Street economists have factored into their 500-step multi-factor models.
"It has been a wild 48 hours in retail," Jefferies Analyst Steph Wissink said on Yahoo Finance Live (video above). "We heard from Walmart yesterday and Target today. One of the things that stood out to us was the common patterns. We are seeing both companies are signaling that their stores are seeing strong traffic versus e-commerce. Both are seeing high costs to execute their business. Consumers are moving more towards essentials versus discretionary merchandise."
"The last thing is not going to abate anytime soon," Wissink added. "There were a lot of conversations among investors that maybe inflation for the consumer has peaked, but these companies are giving us very different signals that we are still seeing costs rise more than prices."
Wild may even be an understatement. The two retailers have shed more than $65 billion in combined market cap in the past two sessions alone as investors rerate both stocks for the leaner quarters ahead.
The poor quarters from Walmart and Target have unleashed major sell-offs in other household name retailers such as Best Buy, Dollar General, Dollar Tree, and Costco.
Here are three takeaways that caught the analytical eyes of us here at Yahoo Finance.
1. Inflation has gotten out of control
Walmart and Target both saw serious margin pressure as inflation in the supply chain bore down on financial statements. The discounters were caught flat-footed in not raising prices fast enough to offset inflation's ugly tentacles.
"We never expected the kind of cost increases in freight and transportation that we're seeing right now," Target chairman and CEO Brian Cornell told Yahoo Finance. Target estimates it may see an additional $1 billion in freight and transportation costs this year tied to near-record-high fuel and diesel prices.
The inflation theme was similar at Walmart, too.
"We still feel great about the business model of the company. I feel good about the year. It's that we're dealing with some things that we haven't dealt with before, and we'll work our way through it," Walmart CFO Brett Biggs conceded in an interview with Yahoo Finance.
2. Bloated inventories
Both retailers saw inventories balloon by more than 30% in the first quarter, reflecting price increases by vendors but also consumers pulling back on discretionary purchases like home goods.
Walmart noted general merchandise markdowns were $100 million greater than expected.
"Most of the increased inventory and related costs were related to buying over the past several quarters with a keen focus on in-stock, and now we're in a short period of rightsizing it. The current sales strength and warmer weather in the U.S. give us confidence in our ability to work through this fairly quickly and strategically," Biggs told analysts on the earnings call.
Analysts say it will take several quarters for the retailers to work through their excess inventories, pressuring margins further in the process.
Toys from the new Disney movie Frozen 2 are seen in the toy section of Walmart on Black Friday, a day that kicks off the holiday shopping season, in King of Prussia, Pennsylvania, U.S., on November 29, 2019. REUTERS/Sarah Silbiger.
3. Price increases are coming
Walmart and Target will now look to push through price increases on shoppers where they can in a bid to fend off inflation. The duo will also try to find cost savings in other parts of their operations to protect margins.
"First, we are going to try to hold costs with suppliers — but if prices go up in a certain way, then we'll have to take prices [up] on items," Biggs explained.
"We've got to make sure that we don't lose our value positioning," Target's Cornell said. "So we are selectively and surgically passing on costs in certain categories where our cost of goods have skyrocketed, but from a freight transportation standpoint, that we've had to look at other ways to drive efficiency in our operations."
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
TGT 156.10 -59.18 -27.49 : Target Corporation - Yahoo Finance
WT actual F?
Southside
Has No Life - Lives on TB
I know quite a few people that own PM's
None are selling anytime soon.
Seeker22
Has No Life - Lives on TB
It's a frikken waterfall...
Don't need a waterfall; people have drowned in an inch of water. And we have plenty enough stupid to go around to accomplish that these days.
I keep seeing a grossly overloaded Camel and that one more straw laid on its back. Sri Lanka isn't much in the grand scheme of things, but it very well could be what does us in. Enough people see blood and fire in the street and it may catch on here in ZUSA.