Seeking Alpha

Retail favorites feel some downward momentum

  • Some retail momentum favorites are still tilting lower today on an ongoing broad shift in investor sentiment which kicked up last week.
  • Chipotle (CMG -3.9%), Lululemon (LULU -3.9%), and Michael Kors (KORS -3.5%) are three of the names in the sector getting beat up the most.
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Comments (3)
  • rickraff
    , contributor
    Comments (318) | Send Message
     
    This downward momentum seems technical and does not reflect the business of CMG and KORS...
    7 Apr 2014, 02:06 PM Reply Like
  • jzheng220wz
    , contributor
    Comments (132) | Send Message
     
    agree, just added KORS to my position
    7 Apr 2014, 02:54 PM Reply Like
  • 11146471
    , contributor
    Comments (1322) | Send Message
     
    KORS will see 100$+ price tag before it sees 85$-
    7 Apr 2014, 03:43 PM Reply Like
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