February 27, 2019

A Darkhorse In the Sports Apparel Sector?

The red-headed stepchild of the sports apparel industry. While Nike and Adidas are hitting record sales and demand, Under Armour is losing their biggest consumer and fan base, the younger generation. That being said, we are starting to see Under Armour shift their focus and actually start acting like a company with growth potential. On the chart, UA has held the 200-day SMA and finally have started to extend away from this level. I am not entirely bullish on the long-term health of this company, but I am bullish about the chart. Keep UA on your radar as I think the stock has a strong chance of breaking out soon. Stay Tuned!  

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

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Coach’s Roundtable: FOMC Fallout & Resilient Market Sectors

Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]

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Coach’s Roundtable: Making Up Major Losses

Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr cover this week’s CPI report and other future events that could impact the market, along with ways […]

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What is a Stock Market Index?

Defining a Stock Market Index Simply put, a stock market index is a hypothetical portfolio of securities representing a certain facet of the market. They provide simplified snapshots of a specific market sector without having to examine every single asset individually. A stock market index measures its portfolio holdings using specific characteristics. They serve as […]

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September 26, 2022

Coach’s Roundtable: FOMC Fallout & Resilient Market Sectors

Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]

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September 16, 2022

Coach’s Roundtable: Making Up Major Losses

Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr cover this week’s CPI report and other future events that could impact the market, along with ways […]

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August 26, 2022

Coach’s Roundtable: Stock Market Indexes & Trading Fixes

Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr touch on the best stock market indexes to follow and common issues they notice among struggling traders. […]

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