This type of price behavior almost always results in at least a mild selloff over the next couple of days.
Shares of the 'P.T. Barnum of Retail' are set to test recent highs.
The combination of improved fundamentals and a depressed share price suggest a good-sized 'catch-up' move is on tap for investors.
Home Depot seems like it wants to go to $200 ahead of its next earnings.
Investors can use a buy/write combination to take advantage of Steelcase's upward mobility while also buying some protection should the office furniture maker's stock price go south.
Is Walgreens now a cannabis value play?
This is one I'm interested in owning, but the current chart is a bit precarious.
Buy-write strategies give you confidence to 'buy the dip' while also adding an extra income stream.
Consider setting up buy/write combinations on stocks with good prospects and generous option premiums.
What the market likes is growth. LULU is delivering plenty of that.