Diamonds and Dogs
Retail is on fire. After a dismal 2017 (blame Amazon), the retailers have come roaring back with better than expected comps, earnings and same store sales. Target (TGT) is jumping 4% to new highs following earnings. Urban Outfitter is jumping 3% to Lazy Boys (LZB) is not so lazy, jumping 11% to new highs following earnings. Kohl's (KSS) is up a percent to new highs on an upgrade.
No laughing matter at Hawaiian Airlines (HA). The airlines have been acting better of late, but Hawaiian Airlines is down 3% as Hurricane Lane heading toward the Hawaiian Islands is now a category 4 storm with sustained winds of 140mph. It's been a tough year for Hawaii with North Korea pointing nukes at them, the Big island's volcano eruption destroying 600 homes and now a hurricane. What else can go wrong for Hawaii?