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Consumer CyclicalsSpeculativeLarge CapMomentum Trap

Puma, Adidas gain on Deckers read-across

** Shares in Puma PUMG.DE and Adidas ADSGn.DE rise both around 2%

** A local trader points to a read-across from U.S. peer Deckers Outdoor DECK.N, which forecast annual sales and profit above Wall Street estimates on Thursday

** Puma shares are up 25% YTD, Adidas down 9% YTD

 (Reporting by Paolo Laudani in Gdansk)

 ((Paolo.laudani@thomsonreuters.com))

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