My indicators are now giving neutral readings after five weeks in a row of buy signals, so caution is advised at this point. There has not been as much participation to the upside over the past week, indicating that market breadth is deteriorating somewhat. More
Consumers dictate the economy, so it is only fair that retail stocks have a tendency to dominate the market. Superstores such as Walmart (NYSE:WMT) and Target (NYSE:TGT) have come to lead the sector, although smaller cap stores such as Dick’s Sporting Goods (NYSE:DKS) and American Eagle (NYSE:AEO) make interesting plays, as they cater to specific fields.
Retail stocks have an optimistic forecast, assuming the market continues to recover. Should the market falter, retail stocks may plummet. If you choose to invest in retail, watch the market extremely carefully.
Amazon is bringing new jobs that can replace those lost at brick-and-mortar retailers as it transforms the markets in Middle America. More
Nike (NKE) is starting to gain momentum. Could it have anything to do with a certain loudmouth basketball dad boosting the NKE stock profile? More
Best Buy (BBY) is seeing solid earnings estimate revision activity, and BBY stock is a buy from a Zacks Industry Rank perspective. More
Amazon stock briefly touched $1,000, and several gurus believe AMZN stock still has room to run More
Best Buy (BBY) was one of the few brick-and-mortar retailers to post a solid first-quarter earnings report. Will BBY stock break out? More
Sometimes it's best to sell in May and just stay away, and these 4 stocks to sell are right in the crosshairs for investors More
Best Buy Company, Inc. (BBY) reported better-than-expected earnings for the eighteenth-consecutive quarter and BBY stock soared More
Adidas (ADDYY) came out with first-quarter 2017 results and the good news has ADDYY stock soaring More
This morning we take a look at retail stocks as we head into earnings season. Beware these 5 retail stocks... More