Stan Wong
HOLDRs Retail E.T.F.
RTH-N
BUY
Sep 13, 2012
Likes retailers because he thinks the consumer still has legs. Prefers this one which is market weighted with some large names such as Wal-Mart, Amazon, etc.
(A Top Pick Oct 27/07. Down 4%.) Retail sector tends to do very well every year from the end of October to the end of November. This was a very short-term trade. His results where flat or slightly down.
Likes retailers because he thinks the consumer still has legs. Prefers this one which is market weighted with some large names such as Wal-Mart, Amazon, etc.