I mentioned the American Eagle stock to you guys just days ago, and ever since then it’s been up and flirting with the 200-day moving average.
I’ve never been one to say I told you so… But, I guess today I’m a new man because I told you so.
You should have gotten into this stock when I first mentioned it, because the stock market just did what the stock market does best…
In a matter of making this video and uploading it, JP Morgan upgraded the stock to an Overweight rating from Neutral.
Now, the stock has exploded since dumb money can’t help but want to buy it due to the upgrade. It’s rallied about 20% since Tuesday, and the calls are up about 200%.
But I still have one retail stock up my sleeve that you can still take advantage of.