|Retail Stocks Review|
Retail Stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
3 Doors Down Duck and Run
The Mississippi boys from 3 Doors Down, led by Brad Arnold, penned a tune called "Duck and Run" in 2000. All I can think about when I see the Retail Stocks' ProIndex breaking down ahead of price is Duck and Run. 70% of US GDP comes from Private Consumption Expenditures - roughly 50% of that is driven by retail sales. Can you say more stimulus? Oh, but we can't spend indefinitely, yeah right, watch them. The invisible hand is not as stupid as the public. It anticipates.
Track XRT's ProIndex in the Matrix. The Matrix doesn't sell narratives, or fake news designed to create misdirection. It's information to track the invisible hand. Subscribers learn this fast.
Retail Stock Index ($XRT)
US Private Consumption Expenditures As % GDP
Follow me on Twitter or Facebook for further discussion.
Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.