Few sectors have been battered like retail. A trifecta of bearish pressure, including the explosive growth of online shopping, consumer burnout, and with a failure to change with the times, combined to knock the sector lower. #-ad_banner-#Retail stocks are lower by around 30% on average in the last three years. Some have plunged much more, and others have closed their doors permanently. Toys “R” Us is the latest casualty of the retail apocalypse. Over 6,700 retail locations closed their doors in 2017 — a staggering figure no matter how you look at it. Opportunity lays in adversity, and nowhere is… Read More
Few sectors have been battered like retail. A trifecta of bearish pressure, including the explosive growth of online shopping, consumer burnout, and with a failure to change with the times, combined to knock the sector lower. #-ad_banner-#Retail stocks are lower by around 30% on average in the last three years. Some have plunged much more, and others have closed their doors permanently. Toys “R” Us is the latest casualty of the retail apocalypse. Over 6,700 retail locations closed their doors in 2017 — a staggering figure no matter how you look at it. Opportunity lays in adversity, and nowhere is this more evident than the stock market. Buying when there is blood in the street is a time-proven way of earning outsized returns. However, the question has always been when and what to buy. To be sure, some retailers will not survive the current rout. Others will grow stronger and thrive in the face of the meltdown. This is where technical analysis makes sense. While far from 100% accurate, technical price charts can key you in to when trend changes may occur. Things appear to be slowly improving, with the S&P 500 Retail ETF (XRT) just slightly lower in 2018… Read More