I’ve been mentioning recently how retail is one of the last remaining sectors to still look genuinely bullish. WalMart, the king of retail, proved this at the opening bell, vaulting nearly 10% higher (which, for a company this big, is as huge as its customers).
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Retail Breaks to New Lifetime High
I now know something I didn’t know before – – or at least refused to believe. But now I’m a believer. There is no limit to how much crap people will buy in a desperate attempt to fill the void in their souls and desperately pile on credit card debt in a feckless bid for happiness. Keep buying, folks. Consumers will never be satisfied, and they will never stop buying.
Retail’s Strong Base
Retail Strength
I guess there really is no meaningful limit to how much crap people will buy to try to fill that inner void. Just incredible:
The Retail Miracle
One sector that looked ready to falter as recently as last August was retail. As measured by the symbol XRT, however, retail has ascended overall by about 25%. I wanted to show some specific stocks that were bullishly configured and a few which still seem prone. The bullish ones include gargantuan Walmart:
