Retail stocks and the relevant exchange traded funds have recently been consumer discretionary laggards. Over the past three months, the SPDR S&P Retail ETF (NYSE: XRT) is off 5.8 percent.
Making that loss look all the more ominous, particularly in the midst of holiday shopping season, is that XRT is down nearly six percent during a period in which the S&P 500 has gained more than three percent. The Consumer Discretionary Select Sector SPDR (NYSE: XLY), the largest consumer discretionary ETF and home to plenty of retailers, has also been notably better than XRT, rising 2.2 percent over the past 90 days.
There is a way for investors to survive retail doldrums and thrive this holiday shopping. It is merely a matter of focusing in the right ...
/www.benzinga.com/trading-ideas/long-ideas/15/11/5981443/holiday-hope-for-retail-etfs-with-this-trade-strategy alt=Holiday Hope For Retail ETFs With This Trade Strategy>Full story available on Benzinga.com
More...