MARKETS,Anybody even yet?

[dinghy]

I see an ad where I can buy a plain white T shirt from them for 44 bucks!! .

To an extent, Lululemon products are "Veblen goods." The high prices are attractive because they convey status and exclusivity. Lulu uses tactics such as limited-edition "drops" to create feelings of scarcity.

Critics point out that the company is trapped because cutting prices would harm the image.

I think they'll get through the downturn, as they have adequate cash. I understand the products are perceived as high-quality, so the Lululemon tag is not purely a status symbol.

FWIW, within the last year I also started a UA Under Armour position, and that's also been bumpy in the wrong direction.

Personally I don't own any Under Armour or Lululemon. I buy the knockoffs from Temu .

[olds442jetaway]

[dinghy]

Argentina is red on a green day. Right-wing president Javier Milei's party lost a local election in Buenos Aires, and now investors are fearing a similar result in the midterms. On Kalshi, La Libertad Avanza has dropped from near 80% win probability to below 60%. Argentina's 4-year election cycle runs 1 year ahead of the US, so Milei has a little over 2 years remaining in his term.

I'm attracted, but I missed the morning lows. BMA Banco Macro traded nearly to 45 just earlier. It began the year above 100.

YPF traded nearly to 25. I'm a motivated buyer on a pullback to 25.50.

[dinghy]

BMA back to session lows. New position engaged.

[onemoretry]

Hay OMT….being that LULU is a Canadian Company, whadda u thinka ? I see an ad where I can buy a plain white T shirt from them for 44 bucks!! . I guess rich people don’t care about the price. I also read that Canadian folks have to pay more from their stuff than US. Just curious more than anything. Do you have any friends or family that buy their stuff? Thanks

Sorry, but that's not something I know much about.

[olds442jetaway]

Thanks OMT for getting back to me. Their stuff is way out of my norm. If I need to pick up a windbreaker or just another sweatshirt, I’m quite happy with Walmart or TJ Max.