Food For The Investors: Retail and Restaurant Stocks Are In Trouble
Wall St for Main St did a short video giving food (ideas) for the Main Street investors.
In this video, we will look at the retail and restaurant industry at the macro levels and show you two charts that will indicate why the industry is headed for hard times. Then, we will look at a few stocks that you could research for shorting or buying put options. After Macy's announced that they decided to close down 100 stores, where do they go from here? Also, I will tell why Texas Roadhouse is in trouble despite a strong year. Plus much more!
Articles mentioned in this video:
http://www.zerohedge.com/news/2016-08-12/core-retail-sales-tumble-most-january