|Day Low/High||88.36 / 92.80|
|52 Wk Low/High||59.72 / 103.03|
Good numbers from Ollie's and Restoration Hardware don't signal good times for all of retail.
The retailer is starting to get a lot more attention, and for good reason.
All I can say is, this group needs to snap out of its funk, or the stocks will just get worse.
Ollie's Bargain Outlet today announced a secondary offering of 13.7 million shares of common stock and investors should pick some up, said TheStreet's Jim Cramer.
If the double-top formation plays out, there could be a decline to around $18.
The bargain outlet's shares look like they are headed down to $20.
If OLLI finds support at May lows around $23, it could be worth a second look.
In 'What's Ahead on Wall Street' for Wednesday June 1, investors begin the month with a few more retailers reporting quarterly results.
In 'What's Ahead on Wall Street' for the week of May 30, markets will be closed on Monday for Memorial Day.
If going short, give upside momentum plenty of room and wait for some actual weakness.
For Wednesday December 9, TheStreet is watching key economic reports set to be released.
For Wednesday September 9, TheStreet awaits quarterly results from Barnes & Noble (BKS), Francesca's (FRAN), Palo Alto Networks (PANW) and Box (BOX).
For the week of September 4, TheStreet highlights more companies set to release earnings and some key economic reports.
In Monday's Analysts' Actions, retailers are getting a lot of attention.
Shares of Ollie’s Bargain Outlet (OLLI) started trading on NASDAQ Thursday with a huge 30% jump in its first day of trading.