Username Password
S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Retail Sector under pressure - up date from 5 weeks ago

Date June 21, 2010  Edited: June 21, 2010    Comments Comments (1)    Rate this post Recommend This Post (80)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Please check out my blog on the retail sector - The down turn is confirmed now - pick your retail stock and make some money going short or buying puts.

http://www.peopleandpicks.com/blog/rjm77me/3329673/Retail-sector-rotation/

I will add a few names - please do your own home work. I will add the stocks as they show up on my scans.
I suggest going short on up tick to mitigate trading risk
Tags : JWN   LULU   CRI   SKS   JCG   BBY   BBBY   ROST   SCVL   BID   LTD   WWW   CATO  

1 Comment(s):

Author rjm77me     Date June 21, 2010 22:50 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Retailers were hit with some of the hardest selling pressure. As a group, retailers dropped to a 1.7% loss, which undercut the consumer discretionary sector so that it fell 0.9% to log the worst loss of any major sector.... Amazon.com (AMZN 122.55, -3.28) was one of the weaker performers in the index after reports indicated the company has cut prices on Kindle, the company's electronic reader... While the stock market's slide was broad based
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links