Retailers Setting Up To The Short-Side Soon

  Stocks of retailers had an amazing run off the 2009 lows and earlier this year the Retail HOLDRS Trust (ARCA: RTH) exchange traded fund (ETF) posted an all time high.  For two years many investors argued the ‘rise of the retailers’ so to speak...
Retailers (RTH) At Important Cusp

Retailers (RTH) At Important Cusp

Here are the top 10 holdings of the Retail Holders Trust ETF (RTH).   Wal-Mart Stores, Inc. Common St WMT 17.76 Home Depot, Inc. (The) Common S HD 13.44 Amazon.com, Inc. AMZN 12.69 Walgreen Co. Common Stock WAG 7.23 Target Corporation Common Stock TGT 6.97...
Saks (SKS) Important Technical Juncture

Saks (SKS) Important Technical Juncture

We highlighted Saks (SKS) earlier this month here http://steadytrader.wpengine.com/chart-of-the-day-saks-sks/ The narrowing trading range has so far resolved to the downside but for us still too early for a trade given the critical juncture of the overall market...
Chart Of The Day: Saks (SKS)

Chart Of The Day: Saks (SKS)

Saks (SKS) got smacked hard in the 2008 sell-off…from the low $20s down to as low as$1.50.  Since then the stock has managed to pick itself back up in a big way and traded nicely technically.  Several nice bullish wedges and flags have successfully...