-->

A Lululemon Leap? (LULU)

Post a Comment
 
   
     
   
 
JULY 18 2023
 
   
SCOTT WELSH’S TICKER TALES
This One Might Go For A Nice Run… In Yoga Pants (LULU)
 

Ever since talk of a recession became prominent, retail has suffered. 

And those worrisome opinions have, not surprisingly, knocked down the retail stock sector over the past couple of years.

Even high-flying Lululemon (LULU) wasn’t immune.

From the end of 2021 to the start of 2023, LULU fell quite a bit. 

But 2023 has been different. 

First, after falling a bit more to start 2023, retail has come roaring back. 

Here’s the Retail ETF:

 
 
It’s been red-hot since June. A break above $67.50 could lead to excellent gains.

And LULU’s been hot, too. It’s risen from $288 to over $380 in the past few months:

 
 
A break above $389.05 could lead to a nice run. 

Possibly in yoga pants.

Happy trading,

— Scott Welsh
JEFFRY TURNMIRE
Investing The Buffett Carter Way
 

Warren Buffett once said:
 
"The best way to invest is to buy a wonderful company at a fair price."
 
And as one of the world’s top billionaires, that’s certainly worked out for him.

But what is someone who didn’t buy a billion dollars worth of Coca Cola stock at just over $2 per share supposed to do nowadays?

Well, one trader I know says that the top investment strategy most traders are ignoring at their own peril is income trading.

Usually that’s when you sell options on a stock and collect a premium.

And it could absolutely be that simple, but this trader has a few special tricks up his sleeve.

These special tricks help him push the odds in his favor in a major way.

From finding only the best stocks to having a multi-point backup plan if the trade works against him… and more.

He’s been doing it in a way that most folks are absolutely clueless about.

But if you think he’s hiding his secrets away, think again.

Anyone who realizes the awesome power of income trading is now free to discover how this trader’s method works: Simply click here to watch his video.

Hope you enjoy,

— Jeffry Turnmire
   
 

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter