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Trading Best Buy (BBY)
Best Buy (BBY) got hammered yesterday after guiding lower on its store sales during the
holiday season.
The stock had closed around $37 on Wednesday, and it opened around $27 on Thursday
morning. This is a loss of one-third of the company value.
Now, in the long run, big box retailers like BBY have way too much overhead costs to
effectively compete against AMZN or any of the other online merchants, so in the long
run, it’s going to be very tough business for big box retailers.
But what about the short run ? And is shaving one-third of the company’s value an over-
reaction ? BBY Chart analysis reveals a very interesting price action from yesterday.
Watch the video for this analysis.
OPTIONTIGER PROPRIETARY SYSTEMS
OptionTiger has created high-end intellectual property products that give an “edge” on every Options
trade. These are complete trading systems designed to produce returns on every trade, and come
complete with all adjustment techniques and risk management features.
CONDORMAX - Getting a positive return from every Iron Condor
http://www.optiontiger.com/optionedge-trading-system/
INCOMEMAX SPREADS AND STRADDLES SYSTEMS - Highly effective strategies to build small accounts
http://www.optiontiger.com/incomemax-strategies/
EARNINGSMAX - Playbook of trades for every Earnings season
http://www.optiontiger.com/earningsmax/
SWINGTRADEMAX - Swing trades from 3 days to 3 weeks capable of producing 20% to 80%
http://www.optiontiger.com/swingtrademax/
DAYTRADEMAX - Powerful Intra-day trading system using Options
http://www.optiontiger.com/daytrademax/
OPTIONTIGER COURSEWARE - 46 Courses from Beginner to Mastery levels in Options
http://www.optiontiger.com/intro-options/
FREE EBOOK - Top 7 Options Trading Mistakes
http://www.optiontiger.com/options-trading-mistakes-2/
To attend a Free Webinar and learn more about all OptionTiger systems, please register for the next Live
webinar here https://attendee.gotowebinar.com/register/4051832647030437633

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Trading best buy

  • 1.
  • 2. Trading Best Buy (BBY) Best Buy (BBY) got hammered yesterday after guiding lower on its store sales during the holiday season. The stock had closed around $37 on Wednesday, and it opened around $27 on Thursday morning. This is a loss of one-third of the company value. Now, in the long run, big box retailers like BBY have way too much overhead costs to effectively compete against AMZN or any of the other online merchants, so in the long run, it’s going to be very tough business for big box retailers. But what about the short run ? And is shaving one-third of the company’s value an over- reaction ? BBY Chart analysis reveals a very interesting price action from yesterday. Watch the video for this analysis. OPTIONTIGER PROPRIETARY SYSTEMS OptionTiger has created high-end intellectual property products that give an “edge” on every Options trade. These are complete trading systems designed to produce returns on every trade, and come complete with all adjustment techniques and risk management features.
  • 3. CONDORMAX - Getting a positive return from every Iron Condor http://www.optiontiger.com/optionedge-trading-system/ INCOMEMAX SPREADS AND STRADDLES SYSTEMS - Highly effective strategies to build small accounts http://www.optiontiger.com/incomemax-strategies/ EARNINGSMAX - Playbook of trades for every Earnings season http://www.optiontiger.com/earningsmax/ SWINGTRADEMAX - Swing trades from 3 days to 3 weeks capable of producing 20% to 80% http://www.optiontiger.com/swingtrademax/ DAYTRADEMAX - Powerful Intra-day trading system using Options http://www.optiontiger.com/daytrademax/ OPTIONTIGER COURSEWARE - 46 Courses from Beginner to Mastery levels in Options http://www.optiontiger.com/intro-options/ FREE EBOOK - Top 7 Options Trading Mistakes http://www.optiontiger.com/options-trading-mistakes-2/ To attend a Free Webinar and learn more about all OptionTiger systems, please register for the next Live webinar here https://attendee.gotowebinar.com/register/4051832647030437633