Apparel Store Stocks Expected To Be Higher
Apparel Store stocks and 100% of them have fired a buy signal as of June 29th, 2009. Limited Brands (NYSE: LTD), Nordstrom (NYSE: JWM), Guess (NYSE: GES), Stage Stores (NYSE: SSI), American Eagle Outfitter (NYSE: AEO | Quote | Chart | News | PowerRating) and Dress Barn (NYSE: DBRN) are all expected to be higher as 6 of the top 6 stocks in the sector have fired a buy signal. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or higher relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks (mirror closest to the overall move in that group) usually move in unison. The technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php. The chart below displays the correlation, beta and relative strength of the top 6 most highly correlated stocks in the highlighted industry group:



