November 13, 2013
Categories: Lululemon Stock (LULU), Macys Stock (M), Stock Market Outlook
At the time of writitng this intraday outlook the market direction has turned from selling back to buying and the S&P 500 has pushed to another new all-time high at 1776.25. While European stocks were weak following news that inflation has picked up in Britain and the economy definitely appears to be on the mend, it was the news from Macys that really got stocks from selling off. Earnings and revenue improved at Macys but it was their outlook for a solid Christmas season that…
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October 30, 2013
Categories: Lululemon Stock (LULU), Nike Stock (NKE)
Lululemon Stock Back In The News Lululemon Athletica stock which trades on the NASDAQ under the symbol LULU named Tara Poseley as its new chief product officer. Investors in general don’t seem too thrilled by the appointment and they are trashing the stock by over $2.60 to the downside or more than 3.5%. Lulu stock has had two bitter disappointments with earnings in the last two quarters and has reduced its outlook for 2013. In this article for FullyInformed members I look at Lulu Stock…
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September 12, 2013
Categories: Lululemon Stock (LULU), Selling Put Options
In my most recent article on Lululemon Stock I looked at how the last quarterly earnings caught a lot of investors by surprise and how over the past 3 months those investors worked their positions to return them to profitability. Here is the link to that article. Lululemon Stock Quarterly Earnings Lululemon beat estimates easily increasing their revenue by 22% to 344.5 million from 282.6 million a year ago. Net income however was 56.5 million or 39 cents per share versus 57.2 million or 40…
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September 9, 2013
Categories: Lululemon Stock (LULU), Selling Put Options
Last quarter Lululemon Stock disappointed a lot of investors when the stock collapsed from $82.00 all the way to $59.60 on June 21 for a loss of $22.40 or 27%. Following that collapseof Lulu Stock I was contacted by many investors who had sold puts at $77.50 to $75.00 and found themselves staring at huge losses. All contacted me because they knew that I hate taking losses and all of them were contemplating buying back their in their money naked puts and taking what would…
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June 10, 2013
Categories: Lululemon Stock (LULU), Selling Put Options
Lululemon Athletica Stock could jump either way after earnings are announced later today after the markets close. The US Option market estimates the shares may move as much as 7 percent either way when they announced their first-quarter earnings. Over the past 4 quarters, the stock has on average moved 7.75% following earnings announcements. An investor, Dan, wrote to me today and asked if I could take a quick look at Lulu Stock and tell him what I would do if I was interested in…
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January 4, 2013
Categories: Lululemon Stock (LULU), Stock And Option, Stock Market Outlook
Market Direction this afternoon is showing some strength and many signs of consolidation. Volume remains reasonable and the advance versus decline issues is quite good. The market direction remains overbought but that can be a good sign as the market tries to hold the recent gains. The Federal Reserve news that they may stop their bond buying program has not impacted many stocks or the market direction today but commodities are weak. In particular gold and silver are down on the news as were Treasury…
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