|Day Low/High||54.08 / 56.85|
|52 Wk Low/High||28.40 / 108.06|
PVH still needs to build - and retest - a bigger base pattern to launch a sustained uptrend.
There is a risk-off theme to the market as news comes in of rising Covid-19 cases in some states, while the Fed has been a ray of light during this crisis.
The thought that one of these more than 100 attempts to tame Covid-19 pays off.
Remember the mantra of the show: to teach, to educate, to explain, to put in context and entertain. I know trading. I was one.
We keep hearing about Macy's, J.C. Penney, Kohl's and others who are in trouble -- well here's why.
For March and the first quarter, the RMPIA takes less of a hit than major indexes.
With the faster news cycle and quicker speed of transactions, it makes sense that a market bottom might be reached quicker. But this looks more like a retest than a bottom.
Fundamentals for PVH surged, yet you can buy it cheaper than a decade earlier.
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
Much of Tuesday's rally is on the backs of hedge funds who -- poorly positioned for the Wuhan coronavirus -- started shorting virus-related stocks right into Friday.
These are the 10 reasons why we keep going up, despite all the bad news.
The direction of the apparel maker's shares should remain positive based on its technical signals.
Let's delve into the charts and indicators.
What's really going on here? Does the move make any sense? Let's take them case by case.
Shares of the apparel company have experienced a debilitating decline for several months.
A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.
Keep note of China exposure and mitigation strategies before speculating on retail names.
Levi's management has a solid roadmap ahead, but it might be reaching too high post-IPO.
An ear to the ground on the runway rather than the trading floor could be the key to catching the retail stocks that are on their way up rather than down.
In the near term, it would appear Amazon will need to do the heavy lifting.
While Q2 is expected to be ugly, management appears cautiously optimistic for the second half of the year.