Top and bottom look good. Unfortunately, stocks $[NKE:US6541061031](NKE:US6541061031), $[ULTA:US90384S3031](ULTA:US90384S3031)and $[LULU:US5500211090](LULU:US5500211090)have been massively penalized as consumer spending weakens. This is reflected in the consumer confidence data.
https://tradingeconomics.com/united-states/consumer-confidence
https://tradingeconomics.com/united-states/consumer-confidence
•
11
•
6Mes
@Cashflow_Investor The CEO also mentioned something like this, and I am also looking forward to the figures in 2-3 weeks.
But this is all of a temporary nature, we won't even think about it in 10 years' time.
But this is all of a temporary nature, we won't even think about it in 10 years' time.
•
11
•@Gerit Sure, but you have to take that into account when evaluating / buying
•
11
•