Among IBD’s 197 industry groups, oil and mining stocks were strong. Restaurants and computer networking and
Cheap Ugg Boots software stocks were weak.
Cloud-based business software provider Salesforce.com (CRM) advanced 3% in heavy volume. Morgan Stanley upgraded the stock from equal weight to overweight. The stock is a member of IBD’s Big Cap 20.
Deckers Outdoor (DECK) popped 2% in 30% faster volume as it retook its 50-day moving average. The Ugg boots maker cleared a base in February but triggered the 8% sell rule in mid-March. The decline eventually evolved into a base on base, which Deckers cleared in low volume in April. But shares fell more than 8% from the buy point. Now Deckers is consolidating again.
n has worn it all — from big hair to big shoulders to big ball gowns. She’s gone with makeup and without, hidden her lumps under Spanx, and showed off her curves in skinny jeans. She is America’s fashion realist.
Beyond what she’s worn herself, Oprah has been influential in bringing fashion into America’s living rooms, and putting it in the pantheon of pop culture. Bridging the divide between Seventh Avenue and Main Street, she’s invited such designers as J. Crew’s Jenna Lyons, Tory Burch, Diane von Furstenberg and Michael Kors onto her show. Extending their democratic reach may have added fuel to the phenomenon of designers launching inexpensive lines and one-time cheap chic
UGG Classic Tall Boots collaborations.
Oprah treated countless members of her audience to makeovers with experts such as Bobbi Brown and Frederic Fekkai. And the styles she featured on her “Oprah’s Favorite Things” holiday freebie bonanzas famously sold out within hours (including Ugg boots and cashmere cable knit Ralph Lauren sweaters). Just last week, she visited Ralph Lauren’s Telluride Ranch. (Oprah introduced Lauren when he received a special award from the Council of Fashion Designers of America in 2007.)
But Oprah has also reflected the struggles most women have fitting into fashion, both literally and figuratively. We watched her weight go up and down, and sympathized when she was snubbed at the Hermes store in Paris. Her weakness for expensive Christian Louboutin shoes — or any shoes really — is well known, and totally relatable. She featured the French designer’s shoes on the show, calling them “little pieces of sculpture” and once gifted Jessica Seinfeld 21 pairs.
Medical-waste management company Stericycle (SRCL) fell 1% in more than twice its usual volume, a day after diving under
Cheap Ugg Boots its 50-day line.
Cigarette maker Lorillard (LO) fell 2% in strong volume. It was the sharpest loss since the stock cleared a consolidation in March. Lorillard is only 3% off its 52-week high. Defensive stocks, such as tobacco, have been leaders in recent months.
Commentaires
Il n'y a aucun commentaire sur cet article.