As I was thinking of this slow down in the market and in the economy my mind began to formulate some companies that will be affected by it. Those companies are going to be high end retailers. Places where discretionary dollars will not flow because more money will be needing to go to food, housing, necessities of life. Companies like Walmart, Costco, TJ Maxx, Ross Stores, are going to be the beneficiaries, So that being said the 5 companies that are going to be adversely affected are going to be companies like The Limited, Nordstrom's and the others I have listed below. Watch them next week as most of these companies have broken out of Bearish Flag's and short term support.
The Limited (LTD)
Coach (COH)
Nordstrom (JWN)
Aeropostale (ARO)
The Gap (GPS)
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Disclaimer: This article is intended to be informative and does
not constitute a buy, hold, or sell recommendation., and should
not be construed as personalized advice as it does not take
into account your specific situation or objectives
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