I am wondering why there aren't any signs of bullish momentum for clothing stocks as of late. Specifically, I am trying to use the information to estimate when NKE and LULU might rebound.
"What is the fear of buying apparel stocks?" They all eventually unravel, and this needling takes you to the cleaners.
If one clothing brand fell another had to rise right, or everyone would have to be naked. Or, is the decline in clothing sales the first sign of imminent recession? What do you guys think?
Clothes sells all the time. Trendy clothes (NKE, LULU) when the particular manufacturer catches the right trend at the right time.