Here is a video I made way back in May 2011, explaining how I use the “Industries” feature inside The PPT during the trading day. I thought it would be instructive to repost it.
Also, looking through some charts early on this weekend, the XRT, ETF for retail, looks far more vulnerable to more selling than the XLY (ETF for consumer discretionary), just as a general observation. Some names of interest are: BONT DDS M PNRA.
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Love this. Are you saying retail could be a short candidate here or that you want to buy them lower?
What’s the trade when you have a weak industry in a strong sector like this ?
Thank you, tp. I will be charting and commentating on some retail plays in this weekend’s Weekly Strategy Session.
Cheers. Will definitely tune in.