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inthemoneystocks' Blog : Retail Under Early Pressure

Date January 30, 2012    Comments Comments (0)    Rate this post Recommend This Post (18)   
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Most of the leading retail stocks are coming under early selling pressure. The Market Vectors Retail ETF (NYSEARCA:RTH) is trading lower by $1.31 to $116.25 a share. This tells us that the majority of leading retail stocks are declining at the start of the day. Traders can watch for intra-day support around the $115.50, and $114.25 levels.


Some leading retail stocks that are actually trading positive this morning include Nike Inc (NYSE:NKE), Target Corp (NYSE:TGT), and WalMart Stores Inc (NYSE:WMT). It is important to note that all of these stocks are just slightly positive on the day. Most other leading retail stocks are declining lower this morning.


Nicholas Santiago


InTheMoneyStocks.com


Tags : WMT   NKE   TGT   COST  

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