Cache (-15%), Limited (-7%) and Bebe Stores (-10%) got slammed today for poor Decemeber Sales.
Meanwhile New York & Co rocketed up almost 9% with that number positive.
The point is that these are very hard to predict – the numbers clearly weren’t priced in. Gamblers may enjoy these – traders who don’t have any advantage over the other 1,000’s of traders should stick to the ETFs that focus on the retail sector. Some that to consider: Retail HOLDRs (RTH), Consumer Discretionary SPDR (XLY), and PowerShares Dynamic Retail (PMR)
Posted: January 4th, 2007 under Americas, Equities, Gambling, General.
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