GBA Presents: THE BARE ESSENTIALS

vanzandt said:
Bare Essentials>>>> Stoney!!!!!... did you like my CAT call at $189? It's up $30! What is that like 15% on a granny stock not over an earnings report?!
Amazing! It has more room too. But it will move with the tide.

Up next, we'll have to give this one at least a month or so... Nike. $123
Buy Buy Buy.
And if drops in the next few days... buy more.
Their direct to consumer may have hurt FL and a few others, but man just think about it, it's killer for them. No middle man.
Now I know omnicron is raging in Vietnam, but the markets and the big money looks forward. Vietnam will whip covid soon enough.
>>>>NKE is a Bare Essential to any long term portfolio at $123.

Next up.... pricey, and they report today (PM)... ULTA... Up $13 Weds, it sucks because I was thinking about it yesterday, so we should perhaps let it fall back some. Either way, ULTA has some upside in it.

NKE, NKE, NKE! (and ULTA)
More...

:rolleyes:
Pretty good for a Dow stock. Takes a lot to move one of them this much.
CAT is up about 20% from $189 too-- speaking of.
ULTA... give it some time, it hit $389, $386 now.

Stoney>>> SCVL for Nike?!
Naaaaaa. Nike can sell all the product it makes.
When Vietnam gets back to normal, NKE to the moon... and when Putin gets whacked, CAT will be rebuilding Ukraine.

End of covid, end of Putin, the world gets back to normal... and all the pretty girls will head to ULTA so they can party party party and look good doing it.

>>> You wanted Bare Essentials--- and VZ delivers. :cool::thumbsup:
 
Nike will be range bound. Maybe SCVL too.

I can tell you what I think is happening in the market. I think there is a false move here led by options that are not real trades. We shall see but I feel like those that are deep underwater in these tech names are buying options and trying to force people into tech for a very short lived rally.

Any thoughts on this->

Turtle Beach jumps 6% to $20.73 after Citron Research tweet 10:08 HEAR Citron 'pounding table' on Turtle Beach, sees 'imminent' buyout » 10:07 HEAR Andrew Left's Citron…
 
Restoration Hardware reports a week from today.
$375 now
Is it a Bare Essential? Perhaps.
It is if you've purchased a $1MM + home in the last 12 months.

But make no mistake, if I said it once I've said it a dozen times... this is not a stock for the weak of heart. Best to just buy it and not look for a few years.
 
vanzandt said:
Restoration Hardware reports a week from today.
$375 now
Is it a Bare Essential? Perhaps.
It is if you've purchased a $1MM + home in the last 12 months.

But make no mistake, if I said it once I've said it a dozen times... this is not a stock for the weak of heart. Best to just buy it and not look for a few years.
More...


I was going to ask you about RH. Last time we hashed this out we compared NKE to RH and came down on the side of Nike being a Bare Essential...

I'm not sure RH is. There's a company called Wayfare... They may be... that huge outdoor catalog we get... I forget the name...

I saw a truck in the street today Van- Sysco...- They do food too ...
 
stonedinvestor said:
Nike will be range bound.
More...
Slow and steady wins the race. It'll move with the tide, but its safe money and the trend will be up. There's not a PM in the world that doesn't have this in their long term portfolio.
As savant calls go, this one was too easy. :sneaky:

SCVL, DBI, FL, BGFV, ASO, DKS,.... all the same. Sector plays. They all move together outside of earnings. If b&m consumer discretionary rises, they all go up the same.
A better call is to decide when the sector is getting ready to pop.
Right now they're all cheap imo.
 
I gave this out yesterday as an idea along with BKNG which is just soooo expensive. If you can figure out a way to use options on that I would.

Trip Advisor, Inc. (TRIP)- Perking up! - WATCH -

25.59+0.66(+2.65%)
As of 12:23PM EDT.

 
You must log in or register to reply here.
Back
Top