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Target Rises on Q2 Earnings News

Target (TGT)Target (TGT) ended Wednesday's session in the green after second-quarter numbers were digested by the market. The shares closed higher by 2.5%, settling at a quote of $51.95. Volume was heavy.

That's technically a positive sign, but I should point out that we're in a tough environment. You can't trust any gain if you're a trader. If you happened to buy the retailer for a quick move before earnings were released, I hope you got out Wednesday, because once the thesis is realized, it's best to book profits and wait for another entry point.

Continue reading Target Rises on Q2 Earnings News

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DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 07:11 PM

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