|
I'm sure we've all heard the news that retail sales dropped 1.1% in July, a much larger drop than the 0.3% decline Wall Street analysts expected.
It's likely that the delta variant might have changed people's spending habits.
Tuesday's report revealed that spending fell in stores that sell clothing, furniture and sporting goods. I mean, even online sales have started to stall, falling 3.1% from a month before. But at restaurants and bars, spending rose about 2%.
Now, before you draw the conclusion that I'm bearish on all retail stocks, that's not the case! I'm still fairly bullish on the large-cap retailers from Monday's video. But I do know of some retail stocks that'll make great short-side trades right now...
| | |
Get the Names Here | 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! | | 2 REITs and the Biggest Report to Watch Today
| | Stocks are mostly lower today as investors comb through more retail earnings while awaiting the Federal Reserve's latest minutes to see whether it might wind down bond purchases. When that happens, keep an eye out for the bond market because it will break down. So to help you maneuver this potential news, I've identified two sizzling REITs on my radar right now.
In Wednesday's video, you'll learn about the biggest report to watch for today… which sector will rise if the Fed raises rates… why this data is crucial… which sectors to avoid… and two REITs investors need to own now.
| Get Today's Sizzling Picks | | | |
| 2 Large-Cap Retailers With Must-See Earnings Reports
| August 16, 2021 | While their earnings reports will give us a good indication of investor sentiment, what I'm most excited about is the forward-looking data. Continue Reading
| | | 3 Health Care Stocks That Should Be on Every Trader's Radar
| August 14, 2021 | The stock market's getting increasingly defensive, and Health Care is leading the pack again, which was the sector that spiked when COVID-19 first hit. Continue Reading
| | |
No comments:
Post a Comment