M is a falling knife, continues to bleed every investor trying to catch it
14 Jun, 20197 min read
MACY'S, INC. has destroyed investor wealth on Friday. It returned -0.96% to close at 21.56. On a day when the overall market breadth was 37%, it closed higher than 14% of the market. In comparison, the benchmark SP500 index closed today at +0.41%.