1.Major US fashion brands and retailers rallying after Trump says he is talking to Vietnam about lowering tariffs.
$Levi Strauss & Co(LEVI)$ $Macy's(M)$ $American Eagle Outfitters(AEO)$ $Abercrombie & Fitch(ANF)$ $Lululemon Athletica(LULU)$ $Nike(NKE)$ $Ralph Lauren(RL)$ $Gap, Inc(GAP)$
Image
2.Energy, basic materials and technology suffering the brunt of Trump’s trade war escalation and China’s retaliatory moves. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$
Image
3.We need some adults taking charge right about now.
At the same time, keep your eyes open for opportunities in the markets.
Image
4.Apple $Apple(AAPL)$ was no longer a growth stock before all of this. Now, it might now be 1/3rd less profitable on a net basis AND about half as profitable on a FCF basis. Yikes! There goes the value proposition. Any takers?
Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Comments