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.
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
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
Take advantage of quick short-term moves, and profit from price moves in any direction. Trade options under the direction of an expert guide. Try it now and get a 90-day unconditional money-back guarantee. 50% OFF for a limited time! Zacks Options Trader >>
No Stocks are Harder to Find, or More Worth the Effort.
They have the greatest potential for quick gains, but they're also the most difficult to find and time correctly. Now Zacks has perfected a system for identifying and profiting from turnaround stocks just as they begin a powerful rebound.
Learn more here >>.
With Zacks Method for Trading you'll transform yourself into a Master Stock Trader, one simple step at a time. Get step-by-step instructions and learn how to use the 28% per year Zacks Rank system to find market-beating stocks on your own, fully exploiting the system that beat the market 18 of the last 20 years. Find out how >>