Time will tell whether the insider purchases foretell a future rebound for AEO shares, which are presently showing a last trade of $12.71/share, slightly above the new 52-week low.
Is retail really dead? Probably not, based on reported results.
The Federal Reserve's meeting in March creeps closer, but markets remain skeptical that a rate hike will come so soon.
For the week of Feb. 27, investors await President Donald Trump's congressional address, which takes place on Tuesday evening--along with a host of major earnings reports.