Industry: Retailer Cheers

November 15, 2023, 10:26 am EST

Retailer Cheers

One industry cheers when inflation is cool. It is the retailer. 

Retailer ETF (XRT) is up significantly again +3% in addition to yesterday’s gain after the CPI report. There is no doubt that the lower prices of goods give consumers a strong motivation to spend more. 

Some retailer giants show their muscles: TGT +17%, VFC +14%, ETSY +6%, DG +5%, DLTR +4%.

The surge arrives the time for the holiday seasons one week before the Thanksgiving holiday. 

Therefore, it could be interesting in searching for watchlist candidate from this retailer industry.

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