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Shared by
Cklamb

 

KSS

Nov 19, 2019 10:58


Shares traded: 1840
Closed Gross P&L: $6.20

Tags:

Momentum Long

KSS
Intraday Fundamentals
• Kohl's Corp. (KSS) stock dropped 10.7% in Tuesday premarket trading after the retailer cut its full-year guidance. Net income totaled $123 million , or 78 cents per share, down from $161 million , or 98 cents per share, in 2018. Adjusted EPS was 74 cents . Revenue of $4.63 billion , flat with last year but ahead of the FactSet consensus for $4.40 billion . Same- store sales rose 0.4%, below the 0.9% FactSet guidance. For the year, Kohl's expects adjusted EPS of $4.75 to $4.95 , down from previous guidance of $5.15 to $5.45 . The FactSet outlook is for EPS of $5.19 . Kohl's stock has taken a 12% tumble for 2019 so far while the S&P 500 index is up 24.5% for the period.
Technicals
ADV 3.58M RVOL 1.71 ATR 1.68 BETA 1.08 Short 11.38% Inst Own 98.60%
Daily

Hourly

Intraday

Trading Strategy
• A lot of people trapped in this fallout this morning
• Watch the PM action and see if it sets up for an opening drive
• Expect continued sell off today as this is up so much in the last three months
• 51.50 could be the place to long if it can base and hold above that level
• If 51.50 drops take a small short and look for bottoming action and a reason to cover
• Short of 54 if it spikes to this level in the first hour. Long off 54 if it gets here later in the day and breaks with a hold target 55
Reading the Tape
This tape fooled me many times today. The spreads would widen and tighten and made it tough for me to get in on the better bid or ask. I just could not time the entries with the way this skip around today.
Trade Management

Review notes
• I was the right side today and let some price action put on the wrong side again for the middle of the day.
• I did not the best bead on the tape today
• I overtraded the close looking for the bounce off 47.02
• I need to figure how to eliminate some of the trades. It is just hard to say when I get the right pops. I am looking for what the differences are or is it just the game of probability I need to play.


Execution detail:

Date/time Symbol Qty Price Position
2019-11-19 10:58:38 KSS 30 $48.010 30
2019-11-19 10:58:52 KSS -16 $47.950 14
2019-11-19 10:58:52 KSS -14 $47.966 0
2019-11-19 10:59:13 KSS 30 $48.014 30
2019-11-19 10:59:33 KSS -15 $48.020 15
2019-11-19 10:59:45 KSS -15 $47.980 0
2019-11-19 11:00:28 KSS 30 $48.042 30
2019-11-19 11:00:32 KSS -15 $48.150 15
2019-11-19 11:00:36 KSS -15 $48.143 0
2019-11-19 11:04:34 KSS 30 $48.010 30
2019-11-19 11:04:43 KSS -15 $48.043 15
2019-11-19 11:05:54 KSS -15 $48.070 0
2019-11-19 11:10:19 KSS 50 $48.138 50
2019-11-19 11:10:25 KSS -25 $48.155 25
2019-11-19 11:10:33 KSS -25 $48.110 0
2019-11-19 11:10:49 KSS 50 $48.185 50
2019-11-19 11:10:54 KSS -25 $48.188 25
2019-11-19 11:11:00 KSS -10 $48.258 15
2019-11-19 11:11:15 KSS -15 $48.200 0
2019-11-19 11:12:00 KSS 10 $48.380 10
2019-11-19 11:12:32 KSS -10 $48.380 0
2019-11-19 11:16:54 KSS 50 $48.318 50
2019-11-19 11:17:28 KSS -50 $48.340 0
2019-11-19 11:20:52 KSS 10 $48.420 10
2019-11-19 11:21:23 KSS -10 $48.440 0
2019-11-19 11:28:17 KSS 20 $48.322 20
2019-11-19 11:28:29 KSS -10 $48.390 10
2019-11-19 11:29:52 KSS -10 $48.400 0
2019-11-19 11:35:02 KSS 20 $48.492 20
2019-11-19 11:35:09 KSS -10 $48.522 10
2019-11-19 11:35:27 KSS -10 $48.530 0
2019-11-19 11:40:23 KSS 30 $48.263 30
2019-11-19 11:40:29 KSS -15 $48.275 15
2019-11-19 11:40:50 KSS -15 $48.230 0
2019-11-19 11:41:16 KSS 30 $48.260 30
2019-11-19 11:41:32 KSS -30 $48.235 0
2019-11-19 11:42:32 KSS 30 $48.197 30
2019-11-19 11:42:44 KSS -30 $48.190 0
2019-11-19 11:47:36 KSS 30 $48.047 30
2019-11-19 11:47:40 KSS -15 $48.080 15
2019-11-19 11:47:43 KSS -15 $48.060 0
2019-11-19 11:48:22 KSS 10 $48.122 10
2019-11-19 11:49:44 KSS 10 $48.194 20
2019-11-19 11:49:50 KSS -20 $48.150 0
2019-11-19 11:50:12 KSS 10 $48.135 10
2019-11-19 11:51:48 KSS -10 $48.158 0
2019-11-19 11:52:18 KSS 30 $48.203 30
2019-11-19 11:52:32 KSS -30 $48.163 0
2019-11-19 11:54:01 KSS 30 $48.195 30
2019-11-19 11:54:09 KSS -30 $48.187 0
2019-11-19 11:58:03 KSS 30 $48.070 30
2019-11-19 11:58:07 KSS -15 $48.105 15
2019-11-19 11:58:21 KSS -2 $48.070 13
2019-11-19 11:58:23 KSS -2 $48.070 11
2019-11-19 11:59:03 KSS -11 $48.020 0
2019-11-19 12:04:58 KSS 20 $47.834 20
2019-11-19 12:05:02 KSS -10 $47.856 10
2019-11-19 12:13:53 KSS -10 $47.840 0
2019-11-19 12:16:50 KSS 30 $47.845 30
2019-11-19 12:16:54 KSS -15 $47.867 15
2019-11-19 12:16:59 KSS -15 $47.865 0
2019-11-19 12:20:36 KSS 100 $47.834 100
2019-11-19 12:20:40 KSS -50 $47.860 50
2019-11-19 12:20:48 KSS -50 $47.810 0
2019-11-19 12:21:55 KSS 100 $47.839 100
2019-11-19 12:21:57 KSS -50 $47.848 50
2019-11-19 12:22:07 KSS -50 $47.840 0
2019-11-19 12:23:17 KSS 100 $47.846 100
2019-11-19 12:23:26 KSS -100 $47.846 0


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