The 'Fast Money' traders talks the holiday shopping trade as countdown to Back Friday begins.
Do you follow me on X? You should.
The State Street SPDR S&P Retail ETF (XRT) was launched on 06/19/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Consumer Discretionary ETFs category of the market.
Looking for broad exposure to the Consumer Discretionary - Retail segment of the equity market? You should consider the State Street SPDR S&P Retail ETF (XRT), a passively managed exchange traded fund launched on June 19, 2006.
The holiday shopping season is kicking into full gear, and this year tariffs are again shaping the economics of the checkout line. After months of shifting trade rules, merchants appear ready to navigate the turbulence without derailing demand.
Retail Stumbles Below Support The Retail Sector ETF (NYSEARCA: XRT) just lost its grip on the 50-day moving average, a key short-term support level that often marks the line between healthy pullbacks and trend reversals.
Despite the recent uncertainty relating to tariffs, most retailers have performed better than expected. The earnings season was marked by an initial surprise from Walmart when the retail giant noted that prices would increase as a result of tariffs. Other retailers, however, such as Home Depot offered a more positive outlook.
I reiterate my buy rating on XRT, supported by resilient consumer spending and a bullish seasonal period for retail stocks. XRT's valuation remains attractive at a 15.3x P/E, with improved momentum and strong June-July historical performance. The ETF offers diversified exposure to retail, with a focus on small and mid-cap Consumer Discretionary stocks and a higher-than-average dividend yield.
Gerald Storch, former Target vice chairman, joins CNBC's 'Money Movers' to discuss how retail companies will adapt to tariffs, how supply chain structure impacts tariff impact, and more.
On Monday, the Retail Sector ETF (NYSEARCA: XRT) went green. However, as I wrote last night, we still do not know if “in the current bearish phase, we know that short covering and premature buyers cause whipsaws.
The Retail Sector Indicator has been reliable. In late January, early February, while everyone was still so bullish, the Retail Sector ETF (NYSRARCA: XRT) failed at its high of the January 6-month calendar range and then its 50-daily moving average.
This is a big week for data concerning the consumer. PCE inflation price data is coming out Friday.