$Nike(NKE.US)
Added Nike (NKE) to my portfolio around 42.25, and it’s currently slightly below my entry at -0.54%. Im actually doing a covered call once again on Nike haha!! expiry k. This friday, see whether can success this time again. Short-term price action remains weak as the market continues to price in slower consumer spending and margin concerns. However, I believe much of the pessimism is already reflected at these levels. Nike remains a global brand with strong long-term potential, and I’m comfortable holding through the volatility while waiting for a stronger turnaround in earnings and sentiment. Patience is part of the investment journey.
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