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Wednesday
Nov242010

The Bull Market in Shoes

DateWednesday, November 24, 2010 at 02:55PM

In case you haven't noticed, shoe retailers have been on a nice run lately.  Below are the six-month trading range charts of 8 shoe stocks.  All of them are trading either in or above extreme overbought territory.  Foot Locker (FL), Dick's (DKS), Shoe Carnival (SCRL), Genesco (GCO), and Hibbetts (HIBB) have basically gone vertical this week.  2010 -- the year of the shoe.  Who knew? 

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Reader Comments (2)

Of course we noticed. Quite frankly: your post would add value if you would explain WHY shoe retailers are up that much. What's the theme here?

November 24, 2010 | Unregistered CommenterMichael Arold

You forgot SHOO!

November 25, 2010 | Unregistered CommenterSL

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