Aug 21 2019 - Retail Stocks Jumping: TGT, LOW, JWN

The major indexes pushed a little higher today but were unable to close above their respective 50-day SMAs. SMH (Semiconductor ETF) did manage to close above its 50-day SMA, albeit by a few pennies.

Retail stocks were in lift-off mode (literally) with Target (TGT) up 20% and Lowes up 10% (Nordstrom flying higher after hours too). I also discuss a new stock to watch in AERI plus review big downside targets in CREE and AFL.

Have a great day!

Ron

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