• Retail ETF Breaks Out To New Highs, But Should You Buy It?

    3 monthes ago - By ETF Daily News

    From Dana Lyons : A popular retail ETF just broke out to all-time highs - but is the breakout for real?
    Among the many sectors enjoying a strong day yesterday was retail stocks. In fact, after many years of lagging performance, yesterday put a bow on a nice comeback story for the space of late. At least, that may be the conclusion drawn from yesterday's action in a popular retail ETF, the Retail SPDR. We say that because after a 3-year trading range, the XRT finally broke out yesterday to a new all-time high, eclipsing its former highs from 2015 around the $51 level.
    While it looks pretty...
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