My guts are telling me that a Amazon short against a basket of retail names will beat the market by a good sized spread.
Would you rather stick to an Amazon long here? Or even purchase Amazon, for that matter.
Take this opportunity to buy retail stocks?
Keep in mind that most retail stocks have trended lower for at least 2-3 years. Amazon also happens to be the #1 most overowned stock in the market.
What say you?If you enjoy the content at iBankCoin, please follow us on Twitter