|Day Low/High||34.04 / 39.15|
|52 Wk Low/High||28.40 / 134.24|
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.
Those wearing un-hedged long equity positions should probably sit down at this point.
The company's strong performance in Europe and Japan is being far outweighed by the trade war's impact on two of PVH's largest markets.
The retail and apparel sectors just got a bit rougher thanks to PVH's dim outlook.
This is what the big portfolio managers are thinking about every day, right now.
You and I are going to have to embrace short to medium term volatility across global markets, unless central banks move pro-actively.
The consumer is alive, well, and might benefit from a thaw with China and easy to get jobs. So would Boeing and Caterpillar.
Starting with Lyft, individual stocks are going to make a comeback. I sense the excitement and the possibilities. But don't leave it to just the IPOs.
While there is some positive movement, it has not been sustained which makes trading quite tricky.
Many bulls believe there is much more room to run for the shares, even after such a rapid gain in earnings.