Nike Stock (NKE) is the first stock from today’s watch list. It dropped today thanks to a report from Adidas on future outlook for earnings growth. Their news release impacted Nike Stock (NKE), Lululemon Athletica Stock (LULU) and others this morning.
This meant the trade idea in Nike Stock (NKE) earned 80% more than the original trade’s goal. This popped the potential return to 8% for the trade.
The trade alert has the details and additional comments on handling a possible further declines in Nike Stock.
The rest of this trade alert and ideas article is for FullyInformed Members.
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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. Read the full disclaimer.
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