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. […]
Finding Opportunity In Beaten-Down Stocks
As part of my multi-timeframe approach to managing money I specifically look for strategies that offer a high probability of profits and allow to be traded with a risk-averse setup. Sometimes this means just trading the stock, sometimes this means using options instead, and sometimes it means using both. One of my favorite strategies […]