A Look at Retail

The retail industry has been one of the outperformers over the past few months. (Actually everything has been outperforming relative to the S&P because of the Financials). But lets go ahead and take a look at the industry.

You can see the outperformance since last year. I also included OBV, which confirms that money is flowing into the retail ETF.

I picked out one of the better performers in the Index.

WAG has been in a nice uptrend since last October. In the top part of this chart you can see how the reatil index has been outperforming the S&P, and in the bottom part of the chart you can see WAG's performance against the retail index.