Are the retail stocks ready to rally? [Jeff Clark's Market Minute]( Jeff’s Note: Several months ago, behind closed doors, my colleague Imre Gams decided to run his own trading project. He took a couple novice traders under his wing, and began teaching them his proprietary technique… The result? The fastest and most profitable trader success system in our firm’s history. We simply call it, [Project X](. On August 23 at 8 p.m. ET, Imre and his students are going live… There, you’ll see how the project turned out, and how you can learn the same techniques for yourself. All who attend will even get Imre’s next trade recommendation for FREE. [Sign up here to reserve your spot now](. --------------------------------------------------------------- Money Is Beginning to Rotate Into This Sector By Jeff Clark, editor, Market Minute Are the retail stocks ready to rally? Stop laughing. It’s a serious question. Of course, the retail sector has lagged the market this year. So, investors are right to question the legitimacy of my question. But, as I’ve argued for several months, we are in a rotational market – where money moves back and forth between sectors. And, it looks to me like the lagging retail sector is getting ready to play “catch-up.” Recommended Link [Market Wizard who made $95 million for his clients in 2008 â and predicted the 2022 collapse â reveals his strategy:]( [image]( The One-Ticker Retirement Plan How to make all the money you need â in any market â using a single stock. [Click here for the name of the tickerâ¦](
-- Let me explain… Technology has been one of the hottest sectors in the market this year. The Technology Select Sector Fund (XLK) is up nearly 40% in 2023 – far outperforming the 15% gain in the S&P 500. But, as we pointed out in [early June]( that outperformance had reached extreme levels. The tech-train had left the station. Investors chasing it were likely to get hurt. Here’s an updated look at the ratio chart I showed you back then… This chart tells us how the technology sector is performing relative to the S&P 500. When the chart is moving lower, the technology sector is underperforming the S&P 500. When the chart is moving higher, tech stocks are outperforming. You can see how strong the tech sector was for the first six months of 2023. But, that trend changed recently. The chart has turned lower. That tells us the technology sector is underperforming the market. In other words, money is coming out of the technology stocks. It’s rotating into other areas. Where? Well, take a look at this ratio chart comparing the retail sector to the S&P 500… This is nearly the opposite view of the tech sector. The Retail Sector Select Fund (XRT) significantly underperformed the S&P for the first six months of 2023. Recently, though, it turned higher. For the past two months, retail stocks have been outperforming the market. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career â at zero cost to you. Just [click here]( to check it out. It looks to me like money is rotating out of technology and finding a new home in the retail sector. If this trend continues, the beaten-down retail stocks – many of which are trading with single-digit price/earnings ratios – could be sharply higher by the end of this year. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG Are there any retail stocks on your radar? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing]( In just a few days, the U.S. government could announce [this mandatory recall on the U.S. dollar…]( And replace it with a new digital dollar. And that could send [this $0.25 alternative investment skyrocketing.]( This is the same type of investment that’s already attracting the attention of legendary investors and billionaires like Elon Musk, Mark Cuban, and George Soros. If you know the necessary steps to take right now, not only will you protect your money, you could come out of this shift wealthier than you ever thought possible. But you need to act fast. [Click here to get the exact steps to take right now.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader
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