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Free TheoNight Report - for Tuesday, December 20, 2022 by Corey Rosenbloom - Two Retail Earnings and Two New Lows - XLY and Retail in Focus
While we could see a lighter volume/volatility week, key retail names are in focus (with two after-hour earnings plays) while two major names cracked the XLY ETF to fresh new 2022 lows - could the market be next? In tonight's video we highlight these two "weak stocks getting much weaker" at lows and how they're pulling down the retail sector and potentially the broader market with them.
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Recent Media Appearances by TheoTrade
NEW! Volatility Is an Options Trader's Best Friend, Don Kaufman Says in Investor's Business Daily
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NEW! Investors Are Way Too Bullish, TheoTrade's Chief Market Technician Jeff Bierman Tells Markets Insider
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