The basic premise of the TPR ALERTS! program is that the positions have a time or price (stops/targets) limitation. Unless otherwise noted, these should be observed as the idea of “playing by the rules” as opposed to using gut instinct or emotions is probably a better course of action for you as an investor.
While the ALERTS! generate triggers for each position and will include all of the pricing information, subscribers will need to stay on top of the levels outlined. Of course, there will also be interim updates on
In yesterday’s post, we discussed the retail sales numbers and how we were beginning to see quite a bit of weakness entering the department stores and clothing brands. Our suspicions were proven founded as earnings from several retailers and more specifically, JC Penney (JCP) and Abercrombie and Fitch (ANF) would come in worse than expectations. We saw JCP finish on the lows of the day down almost 20% and we witnessed ANF slip to -13.5% to finish off the trading session.