Would I buy the name on this dip? Not yet. But here's what a trader could do.
The charts of DKNG are still bullish.
I may go there, in small size, but just for a trade.
The Chinese economy is recovering and that's good news for Nike.
Let's review PENN's charts and indicators.
Our analysis and trading strategy on the newly public company.
This trade should produce a 10% yield in eight months.
The rally in PLNT is tired and likely to fade fast.
The gist of the Q3 earnings release, at least my personal take, would be that the overview has a positive, or optimistic feel.
From a taking the temperature of an impact on the global retail economy (non-tech), this is about the best the markets could ask for.