What Correction? Dollar Tree Breaks Out
At least for now, the correction doesn’t exist for the Retail-Discount & Variety group. On Monday, while the Nasdaq slid 2.1%, the discount group rose 1.3%. On Tuesday, the group gained another 1.5% and threatened to retake its 200-day line. The group has been outperforming the S&P 500 since mid-November. From that point, the group is up 18% vs. a 0.4% loss for the Nasdaq and flat action by the S&P 500. Five stocks make up the group. How do the