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Specialty Stores Stocks$213.64
0.40%4:00PM 11/25/2020
Latest intraday update before market close @ 19:45:00 PM 11/25/2020
Summary :
Average return is up 0.5%
Median return is down -0.0%
20 out of 43 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Specialty Stores stocks up 0.4% on average while median return up -0.4% in a day
  • Specialty Stores stocks up 8.7% on average while median return up 4.2% in a week
  • Specialty Stores stocks up 16.2% on average while median return up 9.1% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies
  • 1M winners are : Winners for past month are $PRTY 145.2%, $BNED 65.5%, $KXIN 64.3%, $ONEW 45.0%, $KIRK 39.9%
  • 1M losers are : Losers for past month are $ORLY -2.6%, $GRUB -9.7%, $VRM -10.5%, $BBBY -12.2%, $HOME -13.7%
  • 1W winners are : Winners for past week are $KXIN 148.8%, $KIRK 32.8%, $GME 27.5%, $PRTY 23.5%, $HOME 20.8%
  • 1W losers are : Losers for past week are $IAA -2.3%, $ABG -2.5%, $BJ -2.7%, $TCS -5.8%, $HVT -7.7%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 19.5%, for the past 3 months is 20.3%

In the past month for a 5 days rolling window, the highest corrrelation is 44.0%, the lowest correlation is 1.0%, the latest correlation is 23.1%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 91.8% between AN and GPI

The lowest correlation is -74.8% between BBW and CHWY

Stock news

    11/25/2020TGT
    A Stock Trader’s Guide to Black Friday in the Covid-19 Era

    (Bloomberg) -- Pandemic-driven lockdowns, shuttered malls and stuck-at-home consumers have hurt retailers in 2020 as Covid-19 ravaged the economy. With Black Friday almost underway, equity traders are bracing for a holiday season where brick-and-mortar businesses that lack strong digital platforms could suffer.For the first time ever, more consumers intend to shop online than in stores, a Deloitte survey shows. U.S. online holiday sales will total $189 billion, shattering all previous records wi...

    11/25/2020TGT
    The Zacks Analyst Blog Highlights: Levi Strauss, Tapestry, Target, Kroger and Ross Stores

    The Zacks Analyst Blog Highlights: Levi Strauss, Tapestry, Target, Kroger and Ross Stores

    11/25/2020TGT
    Burlington Stores (BURL) Q3 Earnings & Revenues Beat, Down Y/Y

    Burlington Stores (BURL) posts better-than-expected results for third-quarter fiscal 2020. However, comps for November-to-date fell to low-double digits.

    11/25/2020TGT
    The 3 Largest Retail Apocalypse-Proof Stocks in 2020

    The retail apocalypse has wiped out thousands of stores over the past decade, due to the over-expansion of malls, cascading damage from the 2008-09 Great Recession, and competition from superstores and online marketplaces. The retail situation seems dire -- but not all retailers are being crushed. Let's examine three large-cap retail stocks that are bucking the secular decline -- Amazon (NASDAQ: AMZN), Best Buy (NYSE: BBY), and Target (NYSE: TGT) -- and see why they belong in your portfolio.

    11/24/2020HUD
    Hudson Announces "Celebrate Books and Booksellers"

    Hudson Ltd. (NYSE: HUD) ("Hudson" or "Company"), a North American travel experience leader with more than 1,000 stores in airports, commuter hubs, landmarks and tourist destinations, today announced its "Celebrate Books and Booksellers" campaign, honoring powerful reads that sparked joy, fostered learning and inspired readers across North America throughout the year.

    11/24/2020TGT
    Newell's Sunbeam recalls over 900,000 Crock-Pot multi-cookers due to burn hazard

    Newell Brands Inc.'s Sunbeam Products Inc. on Tuesday recalled its Crock-Pot 6-Quart Express Crock multi-cooker because of a burn hazard. The recall involves 914,430 products sold in the U.S., and about 28,330 sold in Canada, at Walmart Inc. and Target Corp. stores, and at Amazon.com Inc. and other online retailers, from July 2017 through November 2020 for prices ranging from $70 to $100. The recalled Crock-Pots, which were made in China, can pressurize when the lid is not fully locked, whic...

    11/24/2020WSM
    Thanksgiving Canceled? Christmas Shopping Isn’t.

    (Bloomberg Opinion) -- Like just about everything else in 2020, Black Friday is not going to be normal. The annual shopping bonanza, usually typified by scenes of long lines and shoulder-to-shoulder crowds hunting for discounts, will be more restrained amid the resurgent pandemic. But sparse crowds this time shouldn’t necessarily be cause for concern for retailers – especially given a late-cresting wave of optimism about how the broader holiday season will shake out. Typically, retailers want th...

    11/24/2020DKS
    Dick's Sporting Goods tops estimates as home fitness and active lifestyle trends bloom during pandemic

    Dick's Sporting Goods Inc. posted stronger-than-expected earnings for the third quarter, buoyed by positive trends in golf, outdoor activities, home fitness and active lifestyle during the coronavirus pandemic. The company posted net income of $177.2 million, or $1.84 a share for the quarter to Oct. 31, up from $57.6 million, or 66 cents a share, in the year-earlier period. Adjusted per-share earnings came to $2.01, well ahead of the $1.08 FactSet consensus. Sales rose 23% to $2.41 billion, als...

    11/24/2020GNLN
    Leading U.S. Specialty Vaporization and Consumption Product E-Retailer Launches vapor.com Canada

    Black Friday and Cyber Week holiday sales announced for both vapor.com U.S. and CanadaBOCA RATON, Fla., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of vapor.com Canada. Greenlane’s latest e-commerce platform will provide efficient and cost-effective shipping...