by Michael Markowski | Jul 17, 2024 | alerts, Markets/Economy
The chart below depicts the share prices for NIKE (NKE), LULULEMON (LULU). The path, which the two consumer discretionary products companies have taken to significant declines from their recent all-time highs, is the same that the S&P 500 will take to its...
by Michael Markowski | Jul 5, 2024 | alerts, Markets/Economy
My research has resulted in another major discovery. Lululemon (symbol: LULU) has same problem as NIKE (symbol: NKE). Two of the pillars of the Consumer Discretionary Sector for the U.S. and the world are in the process of crumbling. At 07/05/2024 the market...
by Michael Markowski | Jul 4, 2024 | alerts, Markets/Economy
My research of NIKE’s reported earnings and press release for Fiscal 2024 resulted in a significant discovery. NIKE will be the poster child for the secular bear market that is now underway. My target for NIKE’s peak to trough decline is 80 percent. S&P 500...
by Michael Markowski | Jun 27, 2024 | alerts, Markets/Economy
Goldman Sachs has reported that hedge funds are aggressive sellers of tech company shares. Read “Hedge Funds Sell Tech Stocks ‘Aggressively’, Goldman Says”. Goldman had predicted a summer correction on 06/12/24. The selling that has commenced is likely the...
by Michael Markowski | Dec 19, 2023 | alerts, Markets/Economy
Another struggling office tower in Downtown Los Angeles has fallen in line both with similar assets in the commercial real estate market and with the wider decline in demand for traditional office space. The value of the 41-story EY Plaza office building has dropped...
