I’ve been trumpeting retail stocks as short ideas for many weeks, and it’s heartening to see them begin to roll over.
I’ve been trumpeting retail stocks as short ideas (Nordstrom, Macy’s, Tiffany) for many weeks, and it’s heartening to see them begin to roll over. Macy’s is tumbling hard today, and I think it’s got a long, long way to go down.
Part of the reason I wanted to do this post is to get Sumner off the top of the blog. Oh, whoops!
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