Hot Option Plays: Watching Retail
By:
DailyMarkets.com
Posted on May 07, 2012 at 17:44 PM EDT
Cusick’s Corner 05-07-2012 Sentiment has been mixed and the trade into the After Hours was uninspired in either direction. I did specifically notice one economically sensitive sector under pressure — Retail (XRT). This sector’s performance is determined by Consumer spending habits and over the past few weeks this has been pulling back, and if the [...]
Cusick’s Corner 05-07-2012
Sentiment has been mixed and the trade into the After Hours was uninspired in either direction. I did specifically notice one economically sensitive sector under pressure — Retail (XRT). This sector’s performance is determined by Consumer spending habits and over the past few weeks this has been pulling back, and if the consumer pulls back then this sector will pull back too. This would be negative for the economy since this sector makes up almost two-thirds of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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