The market slid Friday after a terrible jobs report. Retail stocks were not spared. The SPDR S&P Retail exchange-traded fund (XRT) was down nearly 1%.
It makes sense. If the job market is going into another spring swoon, then consumers probably will spend less at the mall. So why on Earth were shares of J.C. Penney (JCP) up 4%?
J.C. Penney's problems are well-known at this point. The department store chain's sales MORE
Paul R. La Monica - Apr 5, 2013 1:10 PM ET
By Christine Romans, CNN correspondent and host of "Your Bottom Line"
When to sell a stock?
Easy. When you've either made some money on it, or you don't want to lose any more.
The concept is simple: Let your winnings run, and cut your losses early.
It's the execution that's tricky.
Related: Quality stocks may not have peaked yet
Plenty of market veterans have rules, formulas and even superstitions, when it comes to when to sell MORE
Apr 5, 2013 7:18 AM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Nearly three-quarters of the stocks in the S&P 500 are trading near their 52-week highs.
That might sound like a great excuse to sell. But strangely enough, the market's momentum may be a sign that stocks MORE
Paul R. La Monica - Apr 4, 2013 12:53 PM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
North Korea is at again. Talk from Pyongyang about starting up a previously mothballed nuclear reactor is the latest bit of gamesmanship by North Korean leader Kim Jong Un.
So far, Wall Street is not worried MORE
Paul R. La Monica - Apr 2, 2013 12:43 PM ET
The second quarter is looking a lot like the first quarter for two smartphone makers who share their corporate monikers with the name of a fruit.
Apple (AAPL) fell nearly 2% Monday. The iEverything maker's shares were down 16% in the first three months of the year, making them one of the worst performers in the S&P 500.
Meanwhile, BlackBerry (BBRY) was up more than 5% Monday. The stock gained more than MORE
Paul R. La Monica - Apr 1, 2013 12:38 PM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
The proverbial "they" say that the cream rises to the top. Well, "they" clearly haven't looked at the stock market this year.
Stocks are about to wrap up a stellar first quarter. The Dow has hit MORE
Paul R. La Monica - Mar 28, 2013 1:47 PM ET
How's this for a House of Cards? Netflix (NFLX) is the best-performing stock in the S&P 500 so far this year. Shares have more than doubled as investors have once again become optimistic about the company's growth prospects.
Netflix rose nearly 5% Tuesday after Pacific Crest analyst Andy Hargreaves boosted his price target on the stock to $225. That's up from his earlier forecast of $160 and is nearly 20% higher MORE
Paul R. La Monica - Mar 26, 2013 12:22 PM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Now that it looks like Cyprus won't be leaving the eurozone, investors should not forget that the continent has bigger problems.
Sure, Cyprus yielded about a week of scary headlines, but the Cyprus obsession served as MORE
Paul R. La Monica - Mar 26, 2013 11:33 AM ET
Tiffany might want to change the color of its trademark blue box to green. Shares of Tiffany (TIF) rose nearly 2% Friday after the luxury retailer reported earnings that topped forecasts.
The stock is now up more than 20% year-to-date, surging even as shares of other luxury brands such as Coach (COH) and Nordstrom (JWN) have fallen this year.
Tiffany's stock is also outperforming lower-end jewelry chains Signet (SIG) -- of "He MORE
Paul R. La Monica - Mar 22, 2013 11:34 AM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
The U.S. dollar is looking pretty strong lately, compared to the yen and the euro. While that might sound like great news, it could actually put the market rally in jeopardy.
Corporate profits could take a MORE
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