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Retail Stocks for the Clearance Rack

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I’m pretty sure it’s not Groundhog Day, although I thought the guy at Subway today look eerily similar to Bill Murray. Another trading day in the books, another all-time high for the NASDAQ. Why is the NASDAQ doing so well? The retailers don’t hang out there, that’s why.

Check out Dave’s Daily Dive video above where he breaks down the market action today!!!

Each day I, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dive into the charts, pointing out key price action and levels for you to watch.

Today is a special edition where I decided to table my usual discussion of Zacks Rank #1 (Strong Buy) stocks that are breaking out to new highs and instead a few big names everyone is talking about. Among those mentioned in the video above are:

SPDR S&P Retail ETF (XRT - Free Report)

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the retail segment of a U.S. total market composite index. In seeking to track the performance of the S&P Retail Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the retail segment of the S&P Total Market Index ("S&P TMI"). 

Macy’s (M - Free Report)

Macy's Inc Price and Consensus

Macy's Inc Price and Consensus | Macy's Inc Quote

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women's, men's, and children's apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry.

Nordstrom (JWN - Free Report)

Nordstrom, Inc. Price and Consensus

Nordstrom, Inc. Price and Consensus | Nordstrom, Inc. Quote

Nordstrom, Inc., a fashion specialty retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a range of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Trunk Club clubhouses and TrunkClub.com; Jeffrey boutiques; and clearance stores that operate under the Last Chance name. The Credit segment provides access to various payment products and services, including a Nordstrom-branded private label card, two Nordstrom-branded Visa credit cards, and a debit card. 

Target (TGT - Free Report)

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides home furnishings and décor, such as furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Starbucks, and other food service offerings.

Wal-Mart (WMT - Free Report)

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam??s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com, as well as mobile commerce applications.

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