Consumer sentiment is on the rise, but should it be? “Trend” investors are being led into a trap by some sneaky bears. Pay attention or they will get you too.

Yesterday(1/13), Under Armour (NYSE: UA) fell 16%. It’s dropped almost 30% over the past month. Today’s (1/14) price of $18.25 getting close to the 52-week low of $16.05 it reached in November. And to add insult to (sports?) injury, original investors in the athletic wear company will note it’s well below what they paid in the 2005 IPO. 

Almost every company spins its wheels when it starts out. It takes time to develop a product, and then have it catch on with the public to the point the business is making some serious cash.

Hello again, sir. Looks like you’ve still got your finger on the pulse of this market. Now that I’ve learned to keep an eye out for it, I see three different IPOs on the calendar for this week.

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