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»Big rivals will play almost as much but for bigger stakes. But what I think will happen is, if there is a loss of artificially scheduling them to play each other twice a year, that will be replaced by a genuine contest. Some of the games between lesser traditional rivalries will take on a much greater significance.».

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That view has not been universally embraced. Some analysts have disputed the attribution of the hacking and, more recently, the assertion that Russia was behind a barrage of fake news stories designed to influence voters. And it true that multiple actors, some of them unconnected to any government, operate in the shadowy world of Internet sabotage and disinformation.

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Some market participants worried about Dick’s Sporting Goods (NYSE:DKS) weak quarter, but it clearly had minimal impact on Nike. Basketball remains among the firm’s hottest category, and we believe it will result in stronger sales momentum at Finish Line (NASDAQ:FINL), which has been working to get more exposure to the product category. Nike’s momentum in running and apparel also remains evident.

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