As President Trump announces the latest round of trade tariffs on the so-called “Liberation Day” of the U.S. economy, some traders may be surprised to see longtime favorites fall from grace. Yet this reaction aligns with a market gripped by extreme uncertainty. One retail name, in particular, is bearing the brunt—creating a different kind of opportunity.
This isn’t a “buy the dip” moment; in current conditions, that would resemble catching a falling knife. Case in point: shares of RH (NYSE: RH) plunged nearly 40% in a single day, marking some of the worst price action in its peer group and setting the stage for potential further fallout amid the tariff turbulence.
