Retail stocks are breaking out just in time for Black Friday. Katie Stockton has a bullish pick

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Breaking News: Markets Notícia

Markets,Spdr S&P Retail Etf,Genesco Inc

The breakdown on under-the-radar retailer Genesco.

As Black Friday approaches, all eyes are on the retailers, which draws our attention to the charts. After a prolonged trading range, the retail sector shows positive momentum ahead of the holidays. The SPDR S & P Retail ETF is decisively through resistance that has been in place for months, and it has seen a notable shift in relative performance versus the S & P 500 this month. The breakout serves as a positive technical catalyst for the retail sector.

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