|Day Low/High||24.90 / 25.93|
|52 Wk Low/High||12.32 / 30.84|
However, the long-term picture for the apparel maker that now goes by the corporate name AEO Inc. remains promising.
The apparel maker's shares appear as though they should continue their recent uptrend.
Human behavior regarding vaccinations is bedeviling stock-picking right now.
Forget recoveries shaped in an I, U or V; this unique variety is only starting to crank up.
Global equity markets, global debt markets, commodity and crypto markets went into risk-off mode overnight.
LEVI has done well since our recommendation in early October.
Looking at a painting by Renoir side by side. You see beauty. I check my watch. The same is true with economic policy.
The big doubt in the back of my head is that Jeff Bezos wants to take his eye off of the (this) ball to do other things.
I will come back to these names over and over again as we are now in the sweet spot for many.
Let's review the charts and indicators of this jeans maker.
The obvious way is jeans but there are others as well.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
Even more important than fiscal support moving forward would be the concept of Covid-19 very soon being effectively treatable for the public.
Shares of the jeans maker, which reports third-quarter results Tuesday, have seen more buying interest of late according to its charts.
Is it time to go now? Well, it's never a bad time to protect oneself when one sits upon large profits in any market.
Markets are clearly different now. I did not grow up, nor was I trained for this environment. Nobody else you hear today was either.
The charts suggest that a sustained uptrend is not yet the outcome we are likely to see.
Nothing seems to matter anymore except which stock to buy, a staggering conclusion with 11% unemployment and a raging epidemic.
Buy the dip? Nope, not me, not today. Then again, long-time readers know that I have never been a fan of FB or its management.
In any other business, if you saw demand fall, you would make less, but what did oil producers do as Covid-19 stopped people from driving, flying and leaving home?
The technical indicators of the apparel maker need to develop more basing action.
There is no doubt that this is the most aggressive and pro-active Fed since at least the days of Paul Volcker's tug of war with consumer level inflation, not to mention the Reagan administration.
Heading into earnings, shares of the jeans maker are a long way from a good-fitting bottom formation.
From Danielle DiMartino Booth: The retail sector is one of the first to be wholesale downgraded by the rating agencies due to the coronavirus; the distinction is the second-order effect as the downgrades spread from brick and mortar retailers to t...
These iconic retail plays are ideal for a holiday portfolio.
There is no 'tech' in tech.
Let's check out how the charts fit for this recent IPO.