By Bryan Bottarelli First thing this morning, War Room members were positioned to profit off the big downside move on Urban Outfitters (NASDAQ: URBN) to lock in a 49% winner overnight.
Going into this report, we knew that retail names were making big, big moves – both higher and lower. As traders, we wanted our members to profit off this trend.
Here was the setup…
On Tuesday, names like Home Depot and Kohl’s got hammered when their forecast earnings numbers were lower than expected.
But today, names like Target and Lowe’s blasted higher, beating the estimated earnings numbers.
Seeing these huge reactions – both up and down – …read more
