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Friday, February 10, 2017 8:38:24 PM
$JCP February Run Has Started
4 straight sessions of more buys/sells
bottom formed around 6.40 and has since traded upwards consecutively for the last 2 weeks
The market loves JCP in February
With Sears getting bail out and soaring - JCP who hasn't mentioned bail out is looking better and better compared to market
regardless of all the banter about brick and mortar being obsolete, there will always be brick and mortar, the question is who adapts the best to bring people in - for example Lowes has showrooms that instead of buying a huge facility and stocking it with tons of inventory, they have a large interactive 75"-98" touch screen displays that shows clients every single item in their inventory. This is just an example of how brick and mortar can survive.
4 straight sessions of more buys/sells
bottom formed around 6.40 and has since traded upwards consecutively for the last 2 weeks
The market loves JCP in February
With Sears getting bail out and soaring - JCP who hasn't mentioned bail out is looking better and better compared to market
regardless of all the banter about brick and mortar being obsolete, there will always be brick and mortar, the question is who adapts the best to bring people in - for example Lowes has showrooms that instead of buying a huge facility and stocking it with tons of inventory, they have a large interactive 75"-98" touch screen displays that shows clients every single item in their inventory. This is just an example of how brick and mortar can survive.
For direct communication email me futurebankruptcy at gmail dot com
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