Focused on Retail

The bears have had all day to set up a nice selloff to close the week. Thus far, the bulls have dug in their heels and are looking to rally equities into the close. Right now, this is setting up to be a loss for the bears on the day. I'm hesitant to call it a win for the bulls, but not pushing equities lower on the day would definitely be a loss for the bears.

There is a blitzkrieg of earnings today. F5 Networks (FFIV) is always an entertaining one to watch, but I'm focused more on the retail side with Under Armour (UA) and GNC Holdings (GNC). I am looking for UA to follow in Nike's (NKE) footsteps, so I am expecting a good report but also some volatility. With its 10% short interest, we could see a big move -- bigger than the 7% the options are currently pricing for the stock....273 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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