If I had a bias for SKX it would be on the long side.
This year we are seeing natural gas prices slump despite seasonal support.
Apple can add much more value for shareholders with the Qualcomm deal.
This was a complete surprise to the market and that creates a whole different type of trading dynamic.
There is a bloodbath of selling in medical-related names and severe pressure on cloud-related stocks that have been momentum favorites.
What you want to know is what to do with the stocks.
Forward P/E ratios are approaching fair value -- which may slow the pace of progress.
Few parts of the market have more volatility than the small caps in this sector.
Qualcomm's deal with Apple has removed the smartphone ceiling for the stock.
I don't care what Netflix says about weak domestic. I care about the slate. I care about missing out.