There's no two ways about it: 40,000 jobs in retail have been lost this year. We might see a seasonal surge in numbers here shortly, but I don't think it will have staying power.
In fact, retail could still do worse - much worse - with more of these companies closing more of their stores. Macy's is closing 15% of their stores - one of the so-called mall "anchor" stores, along with other troubled names like Sears, Nordstrom, and JC Penney.
Morgan Stanley agrees with me, and it says the pain for Macy's and Nordstrom is NOT over.
That's a profit opportunity in and of itself, but I want to make the most possible money from the upcoming shopping season right now.
I've got shopping of my own to do, after all.
The way I see it, this is the best way to do that...
Tags:trading strategies
To get full access to all Money Morning content, click here
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer:© 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post How to Play Alibaba and Amazon (Without Buying a Share) appeared first on Money Morning - We Make Investing Profitable.