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You have to love Mr. Market’s sense of humor.

In the face of last week’s big “risk off” trade, some of the absurdly overpriced home furnishing stores, like Williams-Sonoma, not only held up remarkably well, but look poised to outperform should the market recover next week. Understand that with WSM, you are talking about a business that routinely charges over $1,000 for shiny pots and pans (lol). Ironically, those “silver” and “gold” pots did not sell off in sympathy with this precious metals last week, at least not at a store like WSM. Beyond that, The PPT algorithm detected a huge uptick in the hybrid scores for home furnishing businesses last week.

Below, you will find some annotated charts of interest in this sector.

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