Wall Street Unplugged - What's Really Moving These Markets cover image

Why Nike’s earnings are critical for growth investors

Wall Street Unplugged - What's Really Moving These Markets

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I Would Buy Long Data Puts if the Stock Goes Higher

The stock has been down for five straight days. It is still trading over 30 times for what earnings, but very low expectations for this company heading into the quarter. I wouldn't stay in this company long term because that's been the pattern. The stock goes higher and then after a couple of weeks, it falls off a cliff. But again, I would use that if the stock goes higher to buy long data puts.

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