- WSM first, since we favor Best-Odds for Big Near Payoff, but have concern over price drops >-25% (TGT) and Range Indexes at 5-year lows of price (AMZN).
- Plus concern over Market-Index ETF forecast with larger downside than upside, when history of recent declines at today’s (SPY) forecast are worse than the upside.
- These are not encouraging times for “Institutional Investment Organizations” who have capital to invest and are demonstrating their extreme concerns over having “flight capital” problems.
- Still, their overall appraisal of 3,000+ equities is that most are priced below where value comparisons in the population see them as belonging. They see this as a buy-time, not generally a sell-time.
For further details see:
Retailing Sector Review: Featuring Williams-Sonoma, Target, Amazon