Analysts project the biggest earnings growth for the S&P 500 since 2011 this quarter. But retail companies are bracing for pain. You see, while Amazon has soared, brick-and-mortar shops have been dying a slow death. And Target is the next victim.
Today in Friday Charts, we’re going to start with the ugliest, most depressing earnings trend in existence. Then it’s time to pivot to an opportunity hiding in a shiny, contrarian wrapper. It’s almost like a tax-day gift!