Kohl's Proves Parts of 'Old Retail' are Alive & Well

Kohl's Corp. (KSS) was reviewed the other day where we summed up our thinking this way: "Investors are now excited about parts of retail. KSS is coming out of a two-year base pattern and could rally to the $70-$75 area in the months ahead. A close back below $50 would turn my chart bearish." With KSS trading around $64 this morning as the markets opened, a fresh look at the charts wouldn't hurt.

In this daily bar chart of KSS, below, we can see that prices have continued to rally sharply and were up further in pre-market action. KSS is well above the rising 50-day moving average line and the rising 200-day line. The On-Balance-Volume (OBV) line continues to move up and just made a new high with the new price high -- all good. The Moving Average Convergence Divergence (MACD) oscillator is turning up to a fresh outright go long signal....135 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.