Keep An Eye On Retail

Retail sales for March were a barn burner as I suggested they would be yesterday. Many retail stocks are up over 50% since early February and it seems that some good news is already baked in, as the sector has started the day off lower. Keep an eye on this sector today as it might give a hint as to how much good news is already priced in to this market. The news is always best at the top.

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