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Retail Stocks Signal Early Strength

Posted, by inthemoneystocks on May 15th, 2012

This morning, the leading retail stocks are showing early strength. The popular Market Vectors Retail ETF (NYSEARCA:RTH) is trading higher by 0.11 cents to $41.23 a share. This leading ETF has been under selling pressure since May 1, 2012 when it traded as high as $42.69 a share. Short term traders should watch for intra-day resistance around the $41.50, and $41.80 levels.

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Authored by, inthemoneystocks
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Tickers:
BBBY | JWN | ROST | RTH | TJX
Tags:
, BBBY, RTH, tjx, jwn, rost
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