From Andrew Thrasher:
I hope everyone enjoyed their Thanksgiving holiday weekend. I spent time with family in Illinois that I don't get to see nearly enough and avoided the Black Friday shopping madness.
When I was in high school, I knew very little about the stock market or trading in general. I assumed a surefire strategy would be to buy Coca-Cola before the summer, since a lot of people will probably drink Cokes in the hot summer months. I also thought there could be no way to lose money buying Wal-Mart or other retailers before the holidays, since that's where a large focus of spending occurs in a short amount of time.
A recent Wall Street Journal
article looks into this notion of retail sector performance during the holidays and based on research by Strategas, the retail names struggle during the period between...
Read full article...
More on retail:
Why you should rethink shopping on "Black Friday" this year
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