We’re kicking off the trading week with another brutal day for the retail sector.
There’s nothing worse than a group of stocks trending lower during a roaring bull market.
These poisonous retail stocks emit a radioactive glow. Even a novice investor can’t miss these losing positions draining the gains from his brokerage account.
Traditional retailers and the ‘mall stocks’ are having a downright terrible year. The S&P Retail Index ETF (NYSE:XRT) is down more than 11% so far this year after pushing to new lows on Monday. For comparison, the S&P 500 is up more than 8%.
Investors flipped the switch in 2017. No one wants anything to do with the traditional retailers. The divergence couldn’t be more clear…
This post was published at Wall Street Examiner on July 11, 2017.
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