|Day Low/High||9.27 / 10.05|
|52 Wk Low/High||7.38 / 27.72|
Market players have one eye on Fed Chair Jerome Powell who is testifying before Congress.
What's really going on here? Does the move make any sense? Let's take them case by case.
Names like Deckers Outdoor, Skechers, and even Foot Locker deserve a place on your weekly watchlist.
Let's check the latest charts and indicators to see how much more risk might be ahead for investors.
As the indexes touch all-time highs, remember the challenges thrown at us lately are typical of what bull markets thrive on.
* Unusual call activity is often quite usual * And costly! "Slow down, you move too fast You got to make the morning last Just kicking down the cobblestones Looking for fun and feeling groovy Ba da-da da-da da-da, feeling groovy" -Simon & Garfunkel,...
One of the first rules of investing and business is to avoid any scent of accounting fraud, so proceed with caution on UAA.
The fact that two government agencies are looking into the firm's accounting practices makes the shares untouchable.
Shares of the shoe and apparel maker are reacting to reduced revenue guidance and word of government investigations into its accounting practices.
What's in focus for Adobe? Anything mentioned around net new Digital Media ARR (annualized recurring revenue)? Any mention here will likely impact the entire cloud.
Disney, Qualcomm and Square are among 75 key reports we are watching.
The balanced nature of Nike's gains across all its major markets implies great strength for the king of sports apparel.
Nike looks to be in need of help on Friday. Don't count on the president.
Traders should go long on a dip to $26 and investors who are long from lower levels can add here and risk a close below $24.
FL's sneakers aren't selling up to expectations.
I'd either wait for a breakout or retracement because we're stuck in technical limbo after today's gap higher.
These kinds of stocks are what goes up when there's so little left that hasn't moved that can still be worth buying.
If the broader market has made a seasonal peak this month it could be hard for UAA to make its way much higher.
Keep a close eye on these earnings reports due out Thursday and Friday.
UAA appears ready to break out of a bullish pennant after a recent retracement.
The company expects to open more than 20 new international stores in 2019, at least half of those will be in Asia.