As explained in the first trade alert this morning, Lowes Stock (LOW) is down following their release of disappointing earnings this morning. Overall revenue was down 12.81% from the same period last year as management complained that consumers are being more selective and entering fewer large capital expenditure projects.
I placed one trade earlier and this is a second trade in the same stock.
The trade alert provides the details and comments on the stock as well as handling both trades over the next several weeks.
The rest of this trade alert and ideas article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
