The news out of Lululemon Athletica Stock (LULU) today is not what a lot of investors expected and most analysts.
The stock is plunging after hours on disappointing earnings miss and forward guidance.
However, this could also negatively impact Under Armour Stock (UA) and Nike Stock (NKE) tomorrow, so stayed tuned for those trades tomorrow!
Meanwhile my Trade Ahead Of Earnings strategy continues to outperform and Lulu Stock is another stock that should be pouring in profits shortly unless something happens overnight to improve the outlook, which right now is poor for Lulu.
This continues to point to problem ahead for many retailers and I will be writing on that this evening.
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