What is going on in the Retail Sector is amazing, and it is sad too. The Internet sure did change everything...but maybe somethings not for the better.
Despite the fact stock market is near all-time highs, there are a lot of stocks that made 52 week lows over the past week. A significant number of these are retailers. Target, Macys, VF Corp, Under Armor, Carters, Tuesday Morning Corp, in addition to others...
Meanwhile Amazons stock continues to soar. It is up over +2000% from the lows of 2008. The low trade then was around $35 and now it is trading around $820.
I will say this however. If Amazon Drones start delivering into my neighborhood, I am going to become quite proficient at 'skeet shooting'.