The company reported an excellent quarter and the stock is higher by 6.5% early on. However, they issued a warning due to its flagship NYC store undergoing notable softness, thanks to all of the progressives protesting the democratically elected candidate for President of the United States, Donald J. Trump -- right next door at Trump Tower.
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Black Friday, Fake News and Gold
Posted with permission and written by Rory Hall & Dave Kranzler CLICK HERE FOR ORIGINAL)
One week after JPM made the exact same forecast, warning that the recent surge in the USDJPY will fade dramatically as Dollar euphoria shifts to concerns about protectionism, overnight UBS Group’s $2 trillion wealth-management arm said yen traders have got the Donald Trump "trade" all wrong, and the yen will strengthen to 98 per dollar by this time next year.
Via Dana Lyons' Tumblr,
Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time?
