Nov
11
Retail (RTH) ETF
ByThe American consumer never seems to give up. Responsible for approximately two-thirds of the country’s GDP, they keep spending money. Although the retail sector’s strongest seasonal period is from January 21st to April 12th, the seasonal trade from October 28th to November 29th is still favourable. This one month trade ends just after the start of the U.S. holiday season on Black Friday. Once again, the seasonal trade ends when the event that is driving the outperformance, starts. In other words, seasonal investors take advantage of other investors who enter the sector before American Thanksgiving trying to benefit from expected positive retail sales during the holiday period.
By the way, Happy Remembrance Day!
