$TJX with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:TJX after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
TJX trade ideas
TJX - Continuation of the Upward MovementOn May 6, we published an analysis for TJX that met both targets and even appreciated beyond them. The purpose of this new analysis is to continue this movement, as there is a new alignment and approach of FiboClouds capable of providing new support and impetus to the movement towards the targets described in the chart.
Risk/Return = 3
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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TJX - increased probability of appreciationAligning and approaching fibo clouds give support and impetus to the movement towards the targets described in the chart.
Risk management, an integral and indispensable part of this operation, provides for partial realization at the first target with subsequent movement of the stop loss line at the price that led to entry into the operation.
Risk/Return = 3
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The TJX Companies, ($TJX) Reported Q1 Financial ResultsThe TJX Companies, Inc. ( NYSE:TJX ) reported Q1 FY25 results, showing consolidated comparable store sales growth of 3% at the high-end of the company's plan, driven by an increase in customer transactions. The company also reported a pretax profit margin of 11.1%, up 0.8 percentage points compared to last year and well above its plan. The company's diluted earnings per share increased 22% compared to last year and was well above its plan.
TJX parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on Wednesday, betting on easing costs and strong demand for its affordable products. Cooling inflation and lower prices compared to department stores have boosted sales across categories, including discretionary items that had slumped as inflation-wary customers limited shopping to essentials. The company's decade-old daily "treasure hunt" strategy also helped attract more customers, while lower freight costs and better inventory management strengthened its margins to 30%.
NYSE:TJX is benefiting as wealthy shoppers trade down to cheaper retailers, and customers across income levels look to score designer goods at an affordable price. Shares of the company were up 2% in premarket trading after TJX lifted annual earnings estimates to $4.03 to $4.09 per share from $3.94 to $4.02 it had previously forecast. Walmart's positive annual forecast and Home Depot's unchanged full-year expectation signal that shoppers in the United States have been resilient and retailers could see better recovery in discretionary demand.
NYSE:TJX maintained its annual sales forecast and reported a 6% rise to $12.48 billion in net sales for the first quarter ended March 4 from a year earlier, compared with LSEG estimates of $12.46 billion. On an adjusted basis, its profit of 93 cents per share beat analysts' estimate of 87 cents per share.
Technical Outlook
NYSE:TJX is up 5.55% with a Relative Strength Index (RSI) of 69.24 which is quite overbought. The stock is approaching Pivot at $105 once reaching that milestone, a bullish campaign will be validated.
TJX companies (TJX)#TJX is a company I plan on purchasing once the price drops, their overall earnings grow every year and they have remarkable financial growth.
TJX - Analysis and what to look out 4 for next trade opportunityMovements to be made as soon as we decide whether we've built enough liquidity in our teal tapered selling algo or if we need to dig deeper in stronger selling magenta and find support and a more tapered blue buying continuation.
Will update as price develops!
Happy Trading :)
- TraderDaddyOG
Buy TJX- Price broke consolidation phase
- Entry at HH breakout
- No diversion
EP: 94.85
SL: 88.25
TP1: 100.43
TJX Cos: Riding the Wave of Off-Price Retail Success TJX Cos ( NYSE:TJX ), the parent company of TJ Maxx, continues to defy expectations with a strong showing in its fourth-quarter results. Bolstered by robust holiday traffic and a compelling value proposition, NYSE:TJX surpassed market expectations, reaffirming its position as a powerhouse in the off-price retail segment.
The allure of off-price shopping has never been stronger, with budget-conscious consumers flocking to TJ Maxx ( NYSE:TJX ) stores in search of unbeatable deals on apparel, cosmetics, and gift assortments. As interest rates remain elevated, discount retailers like NYSE:TJX and Ross Stores capitalize on the bargain-seeking behavior of shoppers, siphoning market share from traditional department stores grappling with softer store traffic.
NYSE:TJX 's fourth-quarter performance exceeded expectations, with overall comparable store sales rising by an impressive 5%, driven by increased customer transactions indicative of robust holiday spending. However, the company's cautious outlook for fiscal 2025 reflects ongoing market volatility and the pressure on consumer wallets. Despite forecasting slightly lower comparable sales growth and earnings per share, NYSE:TJX remains poised for sustained success in the years ahead.
Key segments within TJX's portfolio, including the core Marmaxx and HomeGoods divisions, experienced notable growth, underscoring the company's diversified revenue streams and resilient business model. Lower freight costs and inventory management initiatives further bolstered earnings per share, surpassing analyst estimates and signaling operational efficiency.
NYSE:TJX remains committed to enhancing shareholder value through strategic initiatives, including a sizable share buyback plan and a substantial increase in quarterly dividends. These measures underscore management's confidence in the company's long-term prospects and its ability to navigate uncertain market conditions with agility and foresight.
In an era of unprecedented market volatility and shifting consumer preferences, TJX Cos ( NYSE:TJX ) stands as a beacon of stability and innovation, embodying the resilience and adaptability necessary to thrive in today's dynamic retail landscape. As the company continues to leverage its strengths and capitalize on emerging opportunities, its position as a leader in off-price retail remains unassailable.
TJX - rise+8.74% to $1.12 per share on February 28The last earnings report on October 31 showed earnings per share of $1.03, beating the estimate of 99 cents. TJX's P/B Ratio (16.556) is very high in comparison to the industry average of (4.038). P/E Ratio (28.031) is within average values for comparable stocks, (103.022). TJX's Projected Growth (PEG Ratio) (1.960) is slightly higher than the industry average of (1.334). Dividend Yield (0.013) settles around the average of (0.030) among similar stocks. P/S Ratio (2.207) is also within normal values, averaging (2.053). With 4.69M shares outstanding, the current market capitalization sits at 113.26B.
TJX longstop 93.40
entry 93.81
target 94.75
cm_stock pop strat
with insanse oscillator coming off a squeeze dot
look to take trade to 94.75 where trendline is
stop at low of the swing
TJX | Informative NYSE:TJX
If TJX Companies, Inc.'s stock price surpasses the bullish line located roughly at $90.31:
Bullish Target Price 1: $90.63, identified by the horizontal line drawn around that level, can act as a resistance point.
If the stock price falls below the bearish line located at $89.56:
Bearish Target Price 1: $88.63 appears to be the next support, based on the line illustrated.
TJX: Buy ideaBuy idea on TJX as you see on the chart after the breakout with force the ressitance line and the vwap indicator by a big green candle with a large green volume. In other hand, we will have a reversal trend if only if we have the breakout with force the support line by a big red candle with a large red volume.Thanks.
August Trades (TJX, account up 0.64%)8th day trade in August is NYSE:TJX on 8/16/2023.
Account is up 0.64%.
Total return in August is 29.17%.
TJX Companies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of The TJX Companies prior to the earnings report this week,
I would consider purchasing the 86usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $1.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Bullish Alert, intraday for $TJXAs I already said, the setup works on any timeframe
Here NYSE:TJX on the TF 15 minutes sees a bullish alert with a possible bullish crossover (to be confirmed with the next candles.
$TJX with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:TJX after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
TJX Entry, Volume, Target, StopWhen price clears: 79.39
With average daily volume.
Target: 82.75 area
Stop: Depending on your risk tolerance; 78.27 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
TJX - Double Top PotentialPotential for a double top on this 4Hr chart
Works nicely with the top of this channel that is more evident on other timeframes
Bearish pattern
TJX and the salsa bowl of doomTJ max isnt expensive, 26 PE and 15 ish price to book. gross profit margin 27%. Net income margin 7%
With walmart and home depot warning about weakening consumer and saying guidance is flat for 2024, will the trend squeeze on TJX margins and sales revenue? They already missed earnings most recently.
The salsa bowl of doom says TJX may be showing profit taking in the price action.
$TJX with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift D.
Swing with Minor LowStrong G/G trend that has transitioned after weak week...
RAF is not overextended, but price has found volume support at the WAVE with a minor low pattern.
Still has positive momentum.
Looking to Buy on the minor low @ 79.70 on Monday.
21APR23 80 Calls
25% stop loss
Profit Target 1 @ 50 % retracement - $80.60
Using Bollinger Bands to engage in Options Trades Bollinger bands are not prediction machines. They are more like the gutters at the bowling alley. They are math based and rear view mirrors of what has happened in the past. They are customizable to your settings.
I like to use them as a quick reference to tell me what is normal price action in the past. I would never use them alone.
Combing valuation of the company, along with macro view of economy, and only then using technical like Bollinger bands is the way I like to trade. Bollinger Bands give me confidence to engage, thats it.
In the video I cover a case study of a vertical spread trade in TJX and how Im using Bollinger Bands as a rough guide for my placing my option strikes.
Hope you enjoy the discussion.
rocket ship and comment if you do ! Cheers!
Bull Call Spread ideasLooking at LEN and TJX for Bull Call Spreads. LEN 1/27/23 96/101 and TJX 1/27/23 83/88. Both have been coming up strong on my Buy List how\ever there is not much liquidity available so I will work a limit order hard to get the price I am looking for.
