Athleisure stocks are ripping today with Lululemon (LULU) leading the way, up 4%, Nike (NKE) up 3% and Under Armour (UA) up 2.5%. All three stocks are well off of their 2016 highs though, with …
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On Friday we previewed Nike’s (NKE) fQ1 results that were issued yesterday after the close. We felt the combination of relative under-performance of the stock, its precarious technical set up sitting on near and long term support and the …
Continue readingA little more than a month ago I detailed a bullish trade in shares of Under Armour (UA). The stock had just seen a sharp decline after its mid April earnings gap higher. Aside from …
Continue readingEvent: LuluLemon (LULU) reports fiscal Q1 results tomorrow before the open. The options market is implying about a 10% one day move following results, which is shy of the 4 qtr one day post earnings …
Continue readingIn early April, prior to Under Armour’s (UA) Q1 results I took a quick look at the trade set up with the stock in the mid $40s (here), and touched on one of the pillars …
Continue readingLast year, Under Armour re-committed to two of the biggest names in sports, Steph Curry of the NBA’s Golden State Warriors and golfer Jordan Spieth, winner of the 2015 Masters. That commitment was to the …
Continue readingEarlier I answered a a question over email from a subscriber who found himself in a bit of a pickle on a trade and wanted our thoughts. I want to share the situation because it’s …
Continue readingUnder Armour has been an astonishing growth story with great products, ballsy management, and a surging brand thanks to attractive endorsers, but the stock has been in a serious funk since its all time highs made …
Continue readingLast night on CNBC’s Fast Money we had a short little debate on how to properly assign an earnings multiple to a once highflying growth darling like Chipolte (CMG), once disaster hits. As I detailed …
Continue readingEarlier today (here), Dan took a look at the phenomenon that is Under Armour (UA) . It’s one of the first large cap stocks in our market to not only retake its 2015 highs but …
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