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Strong Overseas Sales Boost Abercrombie & Fitch Shares
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:37
- Date Nov 14, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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But it wasn't necessarily that but we know that the Culpepper ladies was talking all the traders and we do see stocks accelerated losses into the close.
That's right and when I talk to someone like mark union does a lot of technical analysis earlier in the day right after the president finished speaking he said we have further to go to the downside and -- actually -- looking at the technicals.
Wouldn't actually buy this market -- -- -- 121400.
Aren't.
Let's talk about some good news -- who headed up bad who has FaceBook for some reason this is the time it takes to go double digits in the upside.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- On the contrary people that has been beaten down and can be normal not to tonight -- today -- (%expletive) off this down day there is one other stock -- -- -- many actually but Abercrombie & Fitch grabs a lot of attention here that came out with a sales.
Let's -- -- Fifth Avenue you can see there's always a line for this company.
It's interesting because they were down 36%.
Year to date after yesterday's close today complete turnaround when they come out and say that sales abroad are doing well.
Good numbers for Abercrombie it was a surprise -- that's okay I'm.
Let the president off the hook for today's action but let's take a look at the five days since the president was reelected.
It's not a good record of course is a short record its bullets -- -- -- out of the next four years.
-- for the week it is down significantly.
Yeah.
Five.