Last week in this space we highlighted the relative under-performance of U.S. retail stocks as a group (as measured by the XRT, the S&P retail etf): U.S. retail stocks are noticeably weak today, with the XRT, …
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U.S. retail stocks are noticeably weak today, with the XRT, the S&P retail etf down 1.5% vs the S&P 500 (SPX) up 1.25%, and the Nasdaq Composite up 2.5%. There are a couple ways to think …
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On Thursday (here) we took a quick look at the recent performance in the U.S. retail sector, with the following observation: To say that it’s been a stock-pickers market in the retail space in 2015 …
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To suggest that it’s been a stock-pickers market in the retail space in 2015 has been an understatement. Walmart (WMT) down 25% ytd, while Target (TGT) is up 3.5%. Under Armour (UA) up 55% and Lululemon …
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We recently closed a short biased trade in the retail etf XRT for a small loss. We got the direction too right and didn’t have the proper trade structure on for the quick correction in …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Aug 24h – Aug 28th:
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XRT was a trade where we had the direction right but not the timing or trade structure. We initiated the trade when we felt the ETF showed signs of waning momentum targeting a pullback to …
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We have a couple of in-the-money butterflies that moved out of their established range on this bout of selling. I wanted to go over them and see what the plan is for them now. The …
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Event: Target (TGT) reports Q2 results tomorrow before the open. The options market is implying about a 3% one day move which is a tad rich to the 4 qtr avg of about 2.5%.
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Generally, I look to experts to get direction on things in financial markets outside of my wheelhouse. That’s why this story from the WSJ this mornings was fairly enlightening on how to think of the …
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