Seeking Alpha

Mall retailer stocks get moving in the right direction

  • Some out-of-favor teen retailers are staging a comeback of sorts today - led by Aeropostale (ARO +7.1%), Wet Seal (WTSL +3.9%), and Abercrombie & Fitch (ANF +3.3%). Tilly's (TLYS +3.6%) and Buckle (BKE +2.3%) are also in on the action.
  • There are some channel checks out indicating a pick-up in traffic at malls, although today's move looks to be led by momentum.
  • The rush back into mall some retailers is helping to give a lift to the S&P Retail ETF (XRT).
Comments (1)
  • stuck
    , contributor
    Comments (65) | Send Message
     
    It is just a run up by the hedge fund owners prior to them announcing dismal numbers for the quarters. ANYONE that has been to a mall lately know that the teen retailer stores are empty and the down turn is led by the struggling Abercrombie and Fitch. This is not a rally.....it is manipulation prior to an ugly future.
    12 May 2014, 03:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs