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BallaJi
Sep 27, 2023 3:30 PM

Nordstrom Head and Shoulder's Short

Nordstrom, Inc.NYSE

Description

JWN has a trailing twelve month Price to Earnings (PE) ratio of 73.69 which places it above the histroical average of roughly 15.


Another expensive retail name

#JWN has alot of stores in #California

Obviously not a great place to be a retailer, given the rampant crime spree going on in that state!

well The chart action clearly foretells further woes ahead ..
Comments
Sourluca
this type of investing has no place in my strategy
BallaJi
@Sourluca,
Your money.
Your risk.
My money.
My risk.
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