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  • Retail Under Early Pressure 0 comments
    Jan 30, 2012 11:10 AM | about stocks: WMT, NKE, TGT, COST

    Most of the leading retail stocks are coming under early selling pressure. The Market Vectors Retail ETF (NYSEARCA:RTH) is trading lower by $1.31 to $116.25 a share. This tells us that the majority of leading retail stocks are declining at the start of the day. Traders can watch for intra-day support around the $115.50, and $114.25 levels.

    Some leading retail stocks that are actually trading positive this morning include Nike Inc (NYSE:NKE), Target Corp (NYSE:TGT), and WalMart Stores Inc (NYSE:WMT). It is important to note that all of these stocks are just slightly positive on the day. Most other leading retail stocks are declining lower this morning.

    Nicholas Santiago

    Stocks: WMT, NKE, TGT, COST
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