Who would have thought it – Retail stocks went on a tear on Friday – and now look more overbought than ever before. My trading chart shows the index (XRT) at the far extent of exhaustion territory:
A PART OF NY A Macro View on the minutiae
Disclaimer: You are a complete bonehead if you take and act on any of the advice given on this blog. You need to have your head examined if you solely rely on others telling you what to do and do not do your own homework. This is fun for me and should not be construed as investment advice. If you think it is, DON’T! Enjoy!
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