Retail Retail Retail - Buy Buy Buy

Now that the new Corona Virus stimulus bill has passed it is time for the markets to react. I think the reaction will be in the Retail sector. Money to spend and more people coming out of hiding will mean more money to the retailers.

Also, the models love retail-related ETFs. Below are two charts for two ETFs. The outlook for the next 30 days of both ETFs are bullish.

SPDR S&P Retail ETF  XRT

Direxion Daily Retail Bull 3x Shares RETL


Author: joe