Consumer Discretionary Sector Welcomes Re-Opening

05/21

  • Optimistic future expectation on US re-opening boosts demand on consumer sector again today
  • Clothing (LB, GPS, TJX, ROST), Cruise (NCLH, RCL), Mall (KSS) took leadership on intra-day performance
  • Be aware of low earning expectation and potential bankruptcy like JC-Penny last week could hit these retailers

High-risk, high-reward type of trading action under low-volume, high-volatility environment requires extra cautious and tight risk management.  

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