retail

It looks like it has further downside risk as the bears get the upper hand.
The question among many retail names after disappointments from Macy's and Kohl's is how low will they go.
Investors in TJX need to watch the $72 support area to get the trend right.
The trading range that has defined Macy's price action in 2016 is likely to continue this year.
Amazon-resistant stores had bumper year, while the rest suffered heavily.
A trading range market is more than likely for the next several months.
Its members are skeptical about the market celebration and are not going to commit to a course of rate hikes until they have more data.
Holiday retail results reveal the size of the Amazon-induced carnage.
Until then, we're likely to see marginal new highs and a chop-fest, and perhaps even some downside.
Consider how many post-election predictions of disaster have not happened.

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