In the past month or so, consumer discretionary spending and retail data has been exceedingly positive. You're probably thinking to yourself: "Retail sales, really?" Let me show you something interesting…
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Massive Gains | | | | | In the past month or so, consumer discretionary spending and retail data has been exceedingly positive.
You're probably thinking to yourself: "Retail sales, really?"
Let me show you something interesting…
When the virus struck, spending moved from traditional brick-and-mortar sales to online. In fact, Target's online sales increased 197%quarter over quarter.
When retail sales are hot, we usually see a nice year-end rally, and I've found the perfect weapon to help us take advantage of it… | | | | |  |
| September 04, 2020 | We saw quite an air pocket Thursday that — like the Energizer Bunny — just kept going and going and going! I thought it would find its footing in the afternoon, but that sucker sold all the way to the finish. ... Then, at 2 am, the stock market finally got a bid!
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| September 02, 2020 | Despite many economies around the world battling recessions, the U.S. Commerce Department reported July's construction spending increased, ending a slew of losses caused by the coronavirus pandemic. But the real question is: Will the trend last or fade out?
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