I haven’t touched Dicks (DKS) in a long time. I haven’t had the need, and I haven’t had the reason. At least, not until today. The curve I am seeing is just too compelling.
My view is that the thrusts higher have ceased, and we have shifted into shrinkage. So what’s my trade? Long Dicks? You know me better than that by now, surely. Short. Absolutely. With a stop at 38.20, just in case it pops up unexpectedly.