I heard an interesting point yesterday. Pull a 3 year chart of the XRT, which is one of the retailer ETF's (exchange traded funds).
http://www.google.com/finance?client=ob&q=NYSE:XRT
Does it make sense that a basket of retailers would be trading in the market at roughly the same level as before things cliffed last September? For several reasons I would argue no, but I'd be curious to hear your thoughts.
The components of the XRT can be found here:
https://www.spdrs.com/product/fund.seam?ticker=xrt
-2outof4
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