Retailers: Finally Oversold?

Retailers: Finally Oversold?

The ratio of the DJ Apparel Retailer Index vs. SPX has declined 39% off its 2015 highs as of last week. In doing so the ratio has fallen to historical trend-line support formed off other major pivot lows from 1997,…...

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Under-Performance in Apparel/Clothing/Accessories Industry to Continue

Under-Performance in Apparel/Clothing/Accessories Industry to Continue

LULU cut guidance this morning and finds its stock down ~15% today. ┬áThis is hardly the extent of the pain this name has suffered though as it’s down 55% since its 2012/2013 peak of ~$80. All we have to say…...

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Look to Under-Weight and/or Find Shorts in This Industry

Look to Under-Weight and/or Find Shorts in This Industry

I don’t like the Clothing & Accessories industry. I believe it and its constituents are prone to serious downside risks over the intermediate-term and should be under-weighted, avoided all together or shorted. The chart below shows the ratio of the…...

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These Apparel Retailers Face the Stiffest Long-Term Resistance

The chart package below includes a bunch of apparel retailers that face some decent resistance. If you’re looking for under-performers we’d prefer the names with the longest-term resistance at hand (i.e., FL faces all-time highs dating back to 1987) and/or…...

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Apparel Retailers Face Resistance as a Group

Apparel Retailers Face Resistance as a Group

The chart below plots the DJ Apparel Retailers Index. The index faces resistance line (1) which has marked cyclical highs for the group in 2000 and 2007. Until the index can take this resistance to the upside, we’d think this┬áspace…