Fri, Aug 22, 2014, 12:07 AM EDT - U.S. Markets open in 9 hrs 23 mins

Recent

% | $
Quotes you view appear here for quick access.

SPDR S&P Retail ETF Message Board

  • rabittmaranville rabittmaranville Aug 28, 2009 11:10 AM Flag

    The odds sure do favor a rough correction

    one of those that scare the life out of everyone - ( a 7 - 10% correction - even if things are "great" now) - its just so hard to get excited about a market going up vs massive debts - higher joblessness - massive under employment - tapped out consumers and companies who show lower revenues and profits every time

    Gees - just because they beat a low balled wall street hype game estimate - all the lemmings go out and run em up
    I bet the retail sector will correct even more than the market too

    im guessing about 15 - 20 % is due

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I was just looking through the top ten holdings of XRT - Sales revenue losses of these companies look appaling - psun and odp had revenue losses of around 22 - 24% qtr over qtr - but they all - every last one of em had lost revenue in same store sales!!!!

      making XRT a very scary etf to own knowing what we know about consumer spending right now!!!!

    • looking at the charts - xrt has rallied back all the way to where it was last Sept - right before the hammer came down - and sales/revenues now are way lower than they were then - does not look like a recipe for making money to me!!!

 
XRT
87.49-0.19(-0.22%)Aug 21 8:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.