Weak Retail and Strong Housing Numbers Cloud Horizon
By: Matthew Whiz Buckley
In today’s Market SITREP, Matthew “Whiz” Buckley, Chief Investment Officer and Model Portfolio Manager of Top Gun Options, debriefs initial retail data from the holiday season that show the poorest performance since the height of the recession, while S&P/CS 20 city housing index came in surprisingly strong.
He also covers a potential trade on the retail ETF, XRT, a January bear call spread.
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