Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
The action continues to be “weird” today. That PDP I noted earlier in the day is now down over 0.5%. Consumer discretionary names – especially those that had been leaders – are being damaged quite seriously today.
O’Reilly Auto (ORLY) [earnings issues] -15.0%
Chipotle (CMG) -5.0%
Under Armour (UA) -4.3%
Ross Stores (ROST) -4.3%
Monster Beverage (MNST) -4.5%
Dunkin Brands (DNKN) -3.5%
Family Dollar (FDO) -3.4%
etc
Disclosure Notice
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog
