Tag Archives for " KORS "

They Shoot Retail Stocks Don’t They?

Shoot Retail Stocks Don't TheyAs I look at the stock market action today and recently, it is hard to miss the fact that retail stocks are getting killed. GoPro (GPRO) has been annihilated for a while now but Fitbit (FIT) is joining in as are many others.

As I look at my screen today: FIT -11%, GPRO -7%, Michael Kors (KORS) -5.6%, Lululemon Athletica (LULU) -7.4%, Under Armour (UA) -6.6%, Vipshop (VIPS) -30%, Nordstrom (JWN) -20% and on and on. I wonder what this is saying about the Christmas season. They shoot horses retail stocks don’t they?

Teasing the Bears

The market pulled back on all the indices today. It’s almost as if it is teasing the bears. It has done this stair stepping process higher for several weeks now.

But there may something a little different this time and I discuss it in tonight’s video. I also briefly look at Michael Kors (KORS) which was up 8%, Mosaic (MOS) which was down 8% and Netflix (NFLX) which was up 4% today.

After the market closed, Facebook (FB) reported earnings and the stock was up about 3%. FireEye (FEYE) on the other hand was trading down 14% along with Whole Foods Market (WFM) trading down 6% in after hours trading. Continue reading

Sunday Trade Ideas Video

In this Sunday trade ideas video I review a trade idea on Michael Kors (KORS) that was closed on Friday with a 35% profit.

I then review our current trade ideas on Apple (AAPL), Whole Foods Market (WFM), Gilead Sciences (GILD), Goldman Sachs (GS) and Celgene (CELG).  

One new trade idea for Monday is Netflix (NFLX).  Continue reading

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