New longs: LULU (40.80)
New shorts: URBN (37.50)
Maybe I should start a clothing company. For some odd reason, the IBD 100 is flooded with a bunch of clothing companies. They have had several steady bull runs for fractions of the last few years. This is a pair trade set up. Note that LULU did capture the #1 spot on the IBD 100. Also keep an eye on JOSB, which is calling for some option plays.
retail should die soon…DRQ stop you out?