Get Outside & Walk Around. I tell young elite traders try and get outside and walk in nature. Today I went to a natural preserve in jan and walked the trails with my wife & Dog. what an experience, the heights the scary footing, the rushing river. Nature clears the mind and allows new thoughts to enter. I though for sure I would emerge from the woods with a battle plan for next week. Nothing.
GBA needs to make a move on China.> I have been tracking the traffic, the street traffic, the amount of chicken sold;I have been watching late night documentaries on Asia TV and in the wet markets the viral load appears low. The Year Of The Bunny is among us now, millions of Chines folk have visited their elder parents what now? Is the arc of the virus officially on the down slope?
The firm flagged Nike (NKE), Tapestry (TPR), Capri Holdings (CPRI), Farfetch (FTCH), and Canada Goose (GOOS) as some of the apparel sellers with exposure to China ranging from 12% to 20% I would add Apple... and BZUN <------------------
Trip.com (TCOM), which has reported a huge burst of travel activity in January. The Chinese travel stock is still viewed favorably on Wall Street despite a 48% rally over the last six months
The Chinese culture of course is very different than the American. So as they emerge from virus lock down they may act differently that Americans. We traveled immediately and had revenge vacations, in general internet based stuff trended down... ETSY etc.. Will Chinese return to the movies.? Will they act the same way? I think perhaps they are more frugal than we are, and with all the property melt downs and families with paid mortgages and no home to move into-- savings may go up more than Nike sales... BZUN is internet based/ that is holding it back.- We could go back to the elec vehicles.. NIO etc...
IMAX Corporation (IMAX)<-- WATCH LIST- NYSE - NYSE 16.86-0.44(-2.54%) At close: January 27 04:00PM EST 17.19+0.33(+1.96%) After hours:Jan 27, 07:19PM EST
GAME PLAN> Expedia. I am hearing good things about Expedia. the latest trading session, Expedia (EXPE) closed at $116.18, marking a -0.47% move from the previous day. This change lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.08%, and the Nasdaq, a tech-heavy index, added 7.26%. Heading into today, shares of the online travel company had gained 33.97% over the past month, outpacing the Retail-Wholesale sector's gain of 10.13% and the S&P 500's gain of 5.73% in that time. Wall Street will be looking for positivity from Expedia as it approaches its next earnings report date. This is expected to be February 9, 2023. On that day, Expedia is projected to report earnings of $1.85 per share, which would represent year-over-year growth of 74.53%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.68 billion, up 17.72% from the year-ago period. PLAN-> Wait for a big down day and buy options on EXPE