Apparel

China Blinks First, U.S. Equities Rally

Market Recap for Thursday, August 29, 2019 Well, thank you China. On Thursday morning, China pledged a calmer approach to the trade war and indicated they would not retaliate for the latest tariffs imposed by the U.S. At least not now. Temporarily, that appeased traders who used the opportunity to ...

STOCKS CONTINUE TO STRENGTHEN AS SUPPORT LEVELS HOLD -- THE DOW SURVIVES TEST OF 200-DAY AVERAGE -- AS DO SEVERAL SECTOR SPDRS -- TRANSPORTATION REBOUND HELPS LIFT XLI -- SMALL CAP REBOUND IS ALSO HELPING SUPPORT RALLY -- CONSUMER DISCRETIONARY SPDR HITS

THE DOW HOLDS ITS RED LINE...A lot of underlying support levels have held this week, and stocks are now approaching overhead resistance. Tuesday's message showed the Dow Industrials testing its 200-day moving average for the third time since the start of August. Sometimes the third time is a charm. ...

​Retail Sales Healthy in Second Quarter Despite Flat June

Ottawa, August 23rd, 2019—The Conference Board of Canada’s Senior Economist Christopher Heschl offers the following insights on today's release of data on retail trade: “Today’s Statistics Canada release showed retail sales remained nearly unchanged in June. This is following a decline of ...

China Tariff Update: List 4, Next Steps

While the Federal Register notice containing all the relevant details has yet to be published, today, the U.S. Trade Representative published an announcement confirming that certain unidentified products were removed from List 4 for health, safety, national security and similar reasons, and those r ...

Futures Rally As Wall Street Tries To Show A Little "Sole"

Special Event I am hosting a HUGE event on Monday, August 19th at 4:30pm EST as I release my Top 10 Stocks for my Model, Aggressive and Income portfolios. Each of these portfolios has crushed the benchmark S&P 500 since their respective inceptions and for a mere $7 30-day trial, you can see my pick ...

Tuesday Was Nothing More Than A Bounce In A Market Downtrend

Market Recap for Tuesday, August 13, 2019 I received an email the other day after I discussed the rising volatility ($VIX) and likely move lower and it stated "Tom, I thought you were bullish. Why the bearish view now?". Let me address this because maybe some others are asking the same question. I ...

The S&P 500 Must Clear These 3 Levels

Market Recap for Tuesday, August 6, 2019 Ok, let's start with the good news. Our major indices all finished higher on Tuesday, rebounding from their worst day of 2019. Every sector except energy (XLE, -0.12%) finished the day higher and our 5 aggressive sectors were the 5 leaders with technology (X ...

The CBSA targets clothing and apparel as a customs valuation compliance priority

The Canada Border Services Agency (“CBSA”) has released its H2 2019 customs verification priories.  The valuation verification (also known as an audit) targets are apparel and footwear.  This is the third round of audit targeting for apparel and the second round of audit targeting for footwea ...

Federal Court of Appeal confirms that rings imported +6 years ago could not be seized

On June 7, 2019, Canada’s Federal Court of Appeal (FCA) confirmed in Chen v. Minister of Public Safety and Emergency Preparedness, 2019 FCA 170, that the Canada Border Services Agency (“CBSA”) cannot seize goods that were imported more than 6 years ago (even if the duties were not paid). In C ...

Gene Inger: Gene Inger's Daily Briefing - August 2, 2019

A 'transition phase' - from a market rising on the back of a presumption of a series of Fed rate cuts, this would indeed would seem to be what's underway. Both a rapid decline and partial rebound yesterday, followed by today's smart rally as the Fed Chairman further clarified the possibility of a ...