AI
Tuesday, May 14, 2019 7:43:33 PM
Compensated Awareness Post View
Disclaimer
RALF LAUREN EARNINGS SHOULD BE GOOD, BUT NOT A BUY.
Luxury retail sales have had a very good start to 2019 after a horrid end to 2018, consumer confidence improved greatly but that may change very quickly as Trade disputes and Brexit still hang over the market. We expect a good report tomorrow, but are wary of negative commentary and Dollar strength has been a recurrent theme throughout earnings season. We see $110 as a good retrace target.
Luxury retail sales have had a very good start to 2019 after a horrid end to 2018, consumer confidence improved greatly but that may change very quickly as Trade disputes and Brexit still hang over the market. We expect a good report tomorrow, but are wary of negative commentary and Dollar strength has been a recurrent theme throughout earnings season. We see $110 as a good retrace target.
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