So, today I didn't even check the stock market once. That is how insane my days are becoming here at school. Paper here, midterm there, study here, and it starts all over again. Stay with me though, because as soon as the storm breaks I really look forward to putting more effort into this blog and even turning it into a website.
Did you see LULU today? Up 4%! Look to see the breakout follow through, perhaps with some above average volume. One thing I'd like to note to you all is an article I came across on Seekingalpha.com. The article spoke about how the Chairman of the company sold 60,000 shares between 10/10 and 10/17. Could it signal downbeat earnings to be announced in December? Or is he just taking this opportunity to make a little profit off the incredible run LULU has had? Only an insider would know. Here is a link to the article. Have a look.
That's it for me today. I have reading to attend to. I wish us all a green day in the market tomorrow and good news out of Europe (pie in the sky in the long term? Most likely yes.)
Cheers,
EZ
No comments:
Post a Comment