COST reports earnings tomorrow.Nov–Feb is Costco’s strongest demand cycle: holiday cooking, tight January budgets, and February home dinners.
People cook more, spend more on essentials, and bulk up for gatherings.
I expect buyers to start forming a new base soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.