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It's a BIG week for retail sales…
The Federal Reserve releases retail sales data on Tuesday, and forecasters see it falling 0.2% versus a 0.6% gain in June.
But also pushing down investor optimism is University of Michigan consumer sentiment index data, which fell to 70.2 from its previous 81.2 level in July. That's the largest sentiment drop since April 2020 — when the pandemic took its initial grip!
In light of neutral-to-bearish data, a few large-cap retailers reporting this week could outperform expectations...
While their earnings reports will give us a good indication of investor sentiment, what I'm most excited about is the forward-looking data.
So will large-cap retailers outperform expectations?
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| Here's What I See |
WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | | 1 REIT to Trade Consumer Sentiment's Decline
|  | Consumer sentiment is changing and we may see a reversion back to volatile levels. Consumers drive two-thirds of our gross domestic product. This week's economic reports and rising COVID-19 cases could move the stock market in upcoming days. Markets are choppy and it's hard to spot opportunities, but I've identified one REIT with upside potential in this tricky market.
In Monday's video, you'll learn which Federal Reserve reports could move markets this week… whether volatility is set to spike and why… a complete S&P 400 sector analysis… a global market update… and the top stock for Monday.
| | Get Today's Pick Here | | | | | | |
Roger Scott | 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. | | |
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I've finally broken my silence about a breakthrough strategy that could save traders hours and hours of research...
It all revolves around something I call the "Sniper Line."
Once a stock crosses it, investors can place a quick trade, check back in a handful of days…
And cash out!
Using this simple line, I have already seen triple-digit gains on stocks, like 261% on NKE… 400% on DIS… and 740% on ANTM. | | |
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Every Trader's Radar
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