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 wasn’t’ justified.  As the Retail HOLDRS Trust (ARCA: RTH)  formed […]

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 Lowe's Companies, Inc. Common S LOW 6.65 Costco Wholesale Corporation […]

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 played out over the past three years.   Thus far in […]

Retail Holdrs Trust (RTH) – Watching For Upside Momentum

The RTH recorded an inverted hammer on Tuesday, which often can lead to upside momentum if price doesn't fail far below the candle.  So far price has held up and on a daily close above 106.80 this could setup for a good but quick bucket 2 trade to the upside.  For now we are still […]