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  • Retail Stocks Finally Pause 0 comments
    Mar 15, 2012 10:58 AM | about stocks: RTH, HD, TGT, COST

    The retail sector has been extremely strong since late December 2011. The Market Vectors Retail ETF (NYSEARCA:RTH) has surged higher by more than $4.00 since that time. This morning, the RTH is declining lower by just 0.08 cents to $41.23 a share. Short term traders should watch for intra-day support around the $41.00, and $40.50 levels. The uptrend on the daily chart remains intact for the RTH at this time.

    Some leading retail stocks that are trading lower today include Home Depot Inc (NYSE:HD), Costco Wholesale Corp (NASDAQ:COST), and Target Corp (NYSE:TGT). All of these stocks still remain strong on the daily chart despite the small intra-day pullback.

    Nicholas Santiago

    Stocks: RTH, HD, TGT, COST
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