TheStreet.com RealMoney

Lowe's Chimes in for Soft Jobs Data

By James Cramer

 About this article:
 Lowe's gives you hope, doesn't it? It's a nice tell that this stock is back to where it should have been when it reported earnings. I also think it's another tell, like the banks Wednesday, that the employment data due Friday won't be blowout. No blowout means a rate hike of 25 basis points at the end of the month. That's fine. I keep focusing on retail and bank stocks doing better because that's a sign that we are not going to overheat, that we are in a "Goldilocks" situation. Retailers and banks have the stocks most sensitive to inflation. They're the ones that get hammered the hardest when we think that the Fed is going to have to tighten severely. They're the ones you would be shorting today if you thought the employment number was going to be 350,000-plus. Lowe's in particular is a focus of...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.