Monday, August 3, 2015

Bulls Foolishly Stampede into the "Made in China" Shop

August 3, 2015
Bulls shop for rebound at Sears

Sears attracted bullish option activity on Friday ahead of its quarterly results.

That was then. This is now.

August 3, 2015
Market News: Tyson Foods, Frontier Communications, Sears Holdings

The stock value of Sears Holdings Corp (NASDAQ:SHLD) tanked 10% to $19.39 per share. The retailer updated its financial performance for the second quarter and indicated a double-digit decline in comparable store sales.

The bulls were looking to break some fine China but were sorely disappointed. After hours of searching, they became hopelessly trapped in the men's clothing department. Do the Dockers Men's Signature Khaki D3 Classic Fit Flat Front Pants offer a good value? Just $39.99? $5 off! Buy now or forever be priced out? They just aren't making any more pants? Or are the pants, at twice the price of Sears' stock, in some sort of pants bubble?

Bullish bargain hunting, baby. That's what I'm talking about.

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