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.