|Day Low/High||106.38 / 109.15|
|52 Wk Low/High||28.40 / 108.84|
Sudden internet anger over months-old comments about Xinjiang cotton benefits Chinese apparel makers.
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
Traders should consider taking profits now while looking to rebuy PVH after a correction and new base pattern.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
The shares of the apparel maker have made nice gains in recent weeks but remain short of our price targets.
I will come back to these names over and over again as we are now in the sweet spot for many.
Each day you hear analysts talk about headwinds and tailwinds until your head spins -- so let's try to put together a forecast.
The charts and indicators of BKE are not inspiring.
We see a much improved picture versus three months ago for the apparel name.
The prices of hotels and even beaten up retailers say that many believe a vaccine is on the way -- here's how I would get positioned.
The buyers have decided that the researchers and doctors are going to beat the virus, so you better get on board or miss the move.
Even the president has switched sides on this issue that could help flatten the curve and help get the economy rolling again.
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.