Burberry (BRBY – LSE) Eyeing Lower Levels
After announcing earnings yesterday, Burberry tumbled lower and today is regaining some footing. The theme among clothing retailers has been the same, be it Aeropostale (ARO), Ralph Lauren (RL) or Gap (GPS)…higher input costs are weighing on profit margins. The charts are broken for the medium term and there are various strategies to apply here. […]
J.C.Penney (JCP) Short Candidate
JCP dropped just over 6% last week if measured from the close of the day ahead of earnigns to the close on Friday. On the day of the earnings however JCP left an ugly outside day if we're ever seen one, followed by follow-through on Friday. Various other retailers also acted up last week, Aeropostale […]
Aeropostale (ARO) Upside Gap-Fill Potential
Aeropostale Inc (NYSE: ARO) is a specialty retailer of casual clothing and accessories for teenagers and children. The company currently operates about 885 stores in the U.S. and a few dozen in Canada. While this is a stock I often keep on my screens, its recent slowdown of the sharp price decline coupled with […]