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Something About Thursday
There must be something about Thursday; maybe all the traders are starting their weekend’s early these final weeks in August. Closing out their positions, and with liquidity lacking, Â the markets just whip’s around. Wasn’t its just last Thursday this same thing happened? Yeah, it was.
Since the middle of May, there have been sell-off in the NASDAQ of 1 percent or more seven times, four of the seven have been on Thursday, with only one on Tuesday, one on Wednesday, and one on Friday. Interesting four sure (get it), does it mean anything, let’s see what next Thursday brings, I’m taking off though!
| 7/6/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,089.46 | -1.00% | Thursday |
| 6/29/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,144.35 | -1.44% | Thursday |
| 6/27/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,146.62 | -1.61% | Tuesday |
| 6/9/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,207.92 | -1.80% | Friday |
| 8/17/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,221.91 | -1.94% | Thursday |
| 8/10/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,216.87 | -2.13% | Thursday |
| 5/17/17 | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 6,011.24 | -2.57% | Wed |
Retail Apocalypse
Moving on to the series covering the decline of Retailers and Department stores, which is likely not to stop anytime soon. The reason, the model is broken. What is happening right now in retail, is starting to happen in media, except retail is a few years ahead at this point.
Next time you go to the Mall, go into a department store, one of the big ones, Macy’s, Bloomingdales, Nordstrom’s whichever you’d like. Pay attention to the brands they sell, and then walk around the Mall, keep track of how many of those brands have their own stores within the same Mall. From my experience, most of the brands in the department stores have their very own store. Then when you go home, see how many brands you can buy directly online from the brand, my guess the majority of the brands. So I ask you why does anyone ever need to shop in a department store? It isn’t that Amazon is doing this, the designers are doing this, they go straight to the consumer, the designers are cutting out the middlemen, and in the process, they are killing the department stores.
Tomorrow, the best way to play the decline of the department stores…
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Michael Kramer and the Clients of Mott Capital own shares of MA.
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Charts used with the permission of Bloomberg Finance L.P. This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.