|Day Low/High||31.87 / 33.70|
|52 Wk Low/High||4.05 / 30.49|
Simply put, traders at the larger institutions were driven either by risk managers or simple fear out of FANG and information technology, and into anything else.
The Feds accompanying statement came off, to me, as slightly confused.
Major indices are overbought, except for the Russell 2000.
Sears Holdings, Destination Maternity and Hibbett Sports, though in different areas of retail, all have had rough rides.
Apple has amazing brand loyalty; the lack of it cost a retail CEO his job.
Jim Cramer says Lennar is a star in the home building space, but KB Home should be acquired by another company.
Sellers have been more aggressive, with the volume of trading heavier on days when the retailer closes lower.
U.S. stocks were mostly higher, trading at their best levels of 2016 at midday on Thursday.