@davehanson ONON showed up today, last 3 pairs were HOKA (DECK), all Clifton’s which has been solid. This is my first time with the Cloudmonster Hyper’s. I’m unaware of what NKE has out now for everyday runners.
@jbulltard1 It’s funnier because the example is perfect. Of course Boeing doesn’t want to own an airline. That’s the least profitable and most unpredictable vertical in the ✈️ business.
@leevalueroach The book is still great. Similar for Built From Scratch about the Home Depot story. Not the same dna today as both companies are at different points.
Lot of geniuses this weekend commenting on LULU and NKE. So many bad takes:
“Go woke go broke” we get it guy, you long to be a neanderthal
“No one wears yoga pants anymore” This is not only incorrect but completely misses the point with Lulu which was too many skews. They have long diversified from yoga pants. Need to minimize.
“Colin Kaepernick…they asked for it” Ok buddy Colin has been out of the league for over a decade and if you want to judge the years they sponsored him NKE ran to all time highs (like most stocks in this era).
These stocks got hammered. Changes have been made to leadership because of it. But let’s be real, consumer discretionary is mostly down this year. What about ONON and DECK, both excellent companies with products in high demand and they are both down more than 50% as well. Why? Likely because the consumer in this space has been under pressure. It likely gets worse for many.
Easy to pile on after the fact! Can someone please tell me what the stock will do NEXT? 🔮
@Mr_Derivatives Low Price is doing well right now. Premium Price is suffering. Caveat: Luxury Price also doing well. A tale of the greater economy right now.
I’ll do it on the weeklies if the premium is decent (usually it’s not) but the main reason it’s not a staple on the swings is that I don’t want to end up short calls if the stock rallies and hits my TP before that expiration. The other version of this if I don’t take profit waiting to be called away and then the stock round trips.