|Day Low/High||144.54 / 148.17|
|52 Wk Low/High||77.97 / 164.79|
Lululemon remains a growth story and should be bought, say Jim Cramer.
Retail isn't a losing ETF, and it isn't defined by Macy's, it is a sector with winners and losers.
I am not changing my stance that if you want to see real movement out of China you need to focus on aerospace, American Express and Apple.
Retail and housing stocks are reacting to what will happen this spring, rather than Fed fears. This is how to play it.
LULU has broken to a new low on a different Point and Figure chart so let's visit with the charts again.
Analysts expect the moon and stars from LULU and need to be brought back to earth.
A pre-earnings long or a post-earnings short spread may make sense here.
The weight of the technical evidence would keep me on the sidelines from going long.
Lululemon looks vulnerable to still further declines.
Under Armour's high valuation and poor technicals make this a dangerous play.
Portfolio managers will presume that these stocks can't be as good as they were.
Until Macy's stops going down retail will stay ugly.
Essentially, Sonic has been slowly withdrawing from the stock market for years.
Lululemon's rally could go higher but prices are certainly extended so raise stops.
Maybe the reason why analysts have been chary about retail is because they've never seen anything like what's happening right now.
Don't be scared off by its chart's overbought reading, because it has momentum on its side.
Amazon's Chart? Wow! And, don't know if the timing is right just yet for Chinese names.
Lululemon might suffer a short-term shake-out or dip but the overall technical picture suggests we could see higher prices in the weeks and months ahead.
Forget about ranges, they have broken out and are free to run.
This under-the-radar name reports next week; here is how I am playing it.
LULU is up 70% since March. This is how to get into the name in an intelligent way.
"Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned." -- Thomas Sowell Markets are pretty much trading at the same levels as our last update as it looks lik...
The athletic clothing retailer didn't just beat earnings -- it crushed in every aspect of its report.
The retailer is executing superbly, but the stock is looking overextended.
All of what happened this week has had quite the impact on Treasury prices, US dollar valuations, and commodity prices.
The best time to buy the stock of Costco is NOT when it's the best quarter ever.