InTheMoneyStock...'s  Instablog
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
My blog:
Pro Traders Rant and Rave Blog
  • Retail Stocks Hang Tough Despite Market Decline 0 comments
    Dec 12, 2011 3:57 PM | about stocks: RTH, HD, BBY, TGT, LOW
    This afternoon, the major stock market indexes are all declining sharply lower. Many of the leading stock sectors are all under selling pressure. The retail stocks are also trading lower this afternoon, however, they are holding up better than many of the other leading stock indexes. Many traders and investors will trade the Retail Holders Trust (NYSE:RTH). This popular ETF is trading lower by $1.07 to $111.80 a share. This decline in the RTH  is around 1.0 percent which is much better than the 2.0 percent decline in the S&P 500 Index. This tells us that the RTH is showing some decent relative strength during the trading session. The RTH is also trading above the daily chart 50, and 200 moving averages which is another sign of daily chart strength.

    Some of the leading retail stocks that are holding up well this afternoon include Home Depot Inc (NYSE:HD), Target Corp (NYSE:TGT), and Best Buy Inc (NYSE:BBY). All of these leading retail stocks have favorable seasonality trends at this time and it shows by today's action. These stocks continue to hold up well on the daily charts and could lead the markets higher on any stock rally. 

    Nicholas Santiago

    Stocks: RTH, HD, BBY, TGT, LOW
Back To's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Utility #stocks leading markets higher despite slightly higher yields in the 10-year U.S. #Treasury. $SO, $ED, $XLU all higher today.
    Apr 20, 2015
  • $YELP Forming Bearish Chart....
    Apr 13, 2015
  • $WMT bearish base, daily 200-day ma. Should drop to the $78.00 level & present a good entry level to buy the stock.
    Apr 10, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.