|Day Low/High||68.67 / 70.47|
|52 Wk Low/High||59.82 / 128.29|
Rising U.S.-China tensions continue to weigh, but new home sales and stalled continuing jobless claims may be positive catalysts.
Remember the mantra of the show: to teach, to educate, to explain, to put in context and entertain. I know trading. I was one.
The shares of the iconic fashion designer are at valuation levels not seen in more than a decade.
It looks like RL can trade higher.
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.
I don't think any of the takeaways have to do with the political mess in Iowa, nor the 'State of the Union' address scheduled for Tuesday night.
No wonder why investors are confused: A look at data on Ralph Lauren by analysts shows conflicting advice and numbers.
Let's see if this price jump is a one time event or the start of a bigger advance.
You can't have the best of all possible worlds, or at least you can't have it for long.
As for pressure on the Chinese side, I think a September 17.8% decline in exports to the U.S. compounded on top of a 22% decline in August speaks for itself.
Disney, Qualcomm and Square are among 75 key reports we are watching.
Keep note of China exposure and mitigation strategies before speculating on retail names.
Overall, expect trading volume, with notable exception of action in specific names reporting earnings, to remain on the light side right through later Wednesday afternoon.
RL will report earning on Tuesday.
Levi's management has a solid roadmap ahead, but it might be reaching too high post-IPO.
The retail and apparel sectors just got a bit rougher thanks to PVH's dim outlook.
Chuck Robbins didn't bellyache that he can't get out of China and therefore numbers have to come down.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
Let's check the fit of the charts and indicators.
There's going to be a storm of deals and the market will not be able to handle it without taking the whole table lower.
Estee Lauder is relying more on celebrity influencers to expand the reach of its brand.
RL has rallied sharply from its December low, but faces overhead chart resistance.
This quarter will be known as the quarter where you had to pay the piper to get sales and the piper happens most often to be Alphabet's Google.
Do you own stocks of companies whose products people will pay more for because they think they are prestigious?
The selloff in Alphabet presents opportunity, and I think this cash machine is ripe for a small long position.
Buckle up after Super Sunday.
A month ago Ralph Lauren looked poised to break out on the topside and now the downside looks like the path of least resistance.