Thursday, February 3, 2022

♟ Is It Time to Short This Sector?

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Yours Free! Top FIVE Dividend Stocks Right Now

"In a year, the world will be very different from how it is now. And it would be wise to expect a shift in the market too."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

If a shift from working at home to going back to the office is occurring...

And everything that worked in the market during the height of the pandemic is now reversing...

Then one company is really going to feel the pain. That is Restoration Hardware (NYSE: RH).

The stock is already down more than 50% from its highs.

Formerly a darling of the market, the company's growth had accelerated during the pandemic as people stayed at home and spent money on furniture. And not just money from their regular paychecks, but money from their stimulus checks too.

After all, where else could you spend money?

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