SPDR S&P Retail (XRT) Options

Not surprised at all

XRT IS NOW 200% SHORT

https://www.etfchannel.com/type/most-shorted-etfs/

The Retail ETF $XRT Is Nearing Key Support, Will It Hold?

The popular SPDR S&P Retail ETF (NYSEArca:XRT) is pulling back again today. The XRT made a short term top on March 1, 2019 at $46.93 a share. Since that high pivot the XRT has declined lower and is now trading at $43.73 a share. The daily chart still has a lot of support around the $44.00 level which is the where the 50-day moving average resides. Many traders and investors are always watching and following this key moving average as a signal of strength for a stock. Basically, as long as an equity trades above the important 50-day moving average it is viewed as a sign of strength. On the flip side, when that key moving average is broken many traders and investors will view that equity as a sign of weakness. Many investors should also remember whenever an equity rallies for 10 weeks it may just need to pullback a little in order to digest the recent gains. A weekly chart close below the $42.00 level could spell some real trouble for the XRT. This was where the XRT broke out on January 7, 2019.




Nick Santiago
InTheMoneyStocks

Does The Retail ETF $XRT Have Another Pop in The Cards?

One of the big winning ETFs since December market low has been the SPDR S&P Retail ETF (NYSEARCA:XRT). This highly followed ETF rallied higher by 18.0 percent since its recent low made on December 26, 2018. The current pattern on the charts suggests that there could be another pop in this ETF very soon. You see, since the XRT hit its 50-day moving average on January 9th, 2019 it has been consolidating sideways. Currently, the XRT is trading at $44.01 a share and forming a nice sideways base. Often, when a stock will consolidate in this manner it is setting up for another move higher very soon. The equity might need to continue this sideways action for another week or so before making a resuming move to the upside. The upside target for the equity would be around the $47.00 area. This equity is now on my radar for a long trade should we consolidate throughout the rest of the week.





Nick Santiago
InTheMoneyStocks

$XRT: Retail destroyed today with earnings results, which didn't appear to be as bad as the market overreacted. Tech, Retail, and Energy are now driving the market further downward.

$XRT gap open potential fill at 41.30 - 40.70 area.

Major indices could be set to test the Oct. 26th lows, or more importantly the lows from Feb., before real institution buyers step in. Otherwise, all these pops and drops intraday area short term support and resistance trades.

Retail Stocks Day Trade Levels For Acton Now, $XRT, $KORS...

Retail stocks $XRT are on the weak side today after $KORS earnings. Day traders can watch the $47.50 area for intra-day support on the $XRT.




Nicholas Santiago
InTheMoneyStocks

sell this fast folks last chance

Tomorrow Morning Is A Big Day For Retail

Tomorrow morning is a big day for retail. Companies such as Coach Inc(NYSE:COH), TJX Companies Inc(NYSE:TJX), Home Depot Inc(NYSE:HD) and Dicks Sporting Goods Inc(NYSE:DKS) are all scheduled to report earnings ahead of the opening bell tomorrow. What do all of these companies have in common? They have all been hurt by the Amazon effect. Even Home Depot Inc(NYSE:HD) saw its stock drop after Amazon announces that it will sell appliances from Kenmore which is owned by Sears Holdings Corp(NASDAQ:SHLD).

Traders and investors will want to watch the SPDR S&P Retail (ETF)(NYSEARCA:XRT) very closely as this will be driven by these leading retail stocks. Since June, the XRT has been in a trading range between the $41.75 and $38.75 levels. Now we will see if these retail giants will move the needle in the XRT tomorrow.



Nicholas Santiago
InTheMoneyStocks

XRT

The Trend In Retail Is Down, Where Is The Bottom?

As you all know, the retail stocks have been trading lower since April 2015. At that time, the SPDR S&P Retail (ETF)(NYSEARCA:XRT) was trading around $51.00 a share. Today, the XRT is trading at $40.44 a share. Clearly, traders and investors can see that the trend is now down for the retail sector. The growth and business model of Amazon.com, Inc.(NASDAQ:AMZN) has been the leading catalyst for the decline in most of the leading retail stocks. Amazon stock has soared higher since April 2015. The retail giant has gained over $500.00 in share price since that time. Currently, AMZN stock is trading at $974.00 a share. So far, most leading retail companies have not found a way to combat the Amazon retail invasion.

So does the retail sector have a bottom in place? Believe it or not it does. Traders and investors should continue to look for near term weakness in the XRT until the $38.75 level. This is a level on the charts that is signaling major support and institutional sponsorship. Remember, the market is survival of the fittest, eventually these retail companies must start to adapt to the Amazon business model or face further demise. Traders like myself will now look closer at most of the leading retail stocks when the XRT trades down to the $38.75 level. This should be a good time to look for a bounce in many of these beaten down equities in the retail sector.



Nicholas Santiago
InTheMoneyStocks

XRT bullish 45.94

optionable

XRT 30 D W M PF

XRT PF

XRT D

XRT D

XRT D