Below is my weekly video for members of Macke's Retail Roundup.
It's another down week for consumer stocks. There was hope for a bounce earlier in the week, but now we're more or less back to where we ended last week.
Call it a crisis of confidence. Several stocks on my watchlist have gotten crushed this week (one of which I love from the short side). Other than that, I'm laser-focused on the key buy levels for the rest of my favorite names.
I reviewed these levels in my weekly video for Macke's Retail Roundup members.
Every month, I do a monthly Town Hall for my premium members at Macke's Retail Roundup+. This is meant to be a chance for my members to interact directly with me. I'll go over my portfolio, talk about my recent trades, and answer your questions.
Below is my weekly video for members of Macke's Retail Roundup.
This week, I'm hunting for bottoms. There are 5 stocks that have my attention. I'm under no qualms about the fact that we could be in for more downside, but I'm officially in "tactical buy" mode. Any time you get a washout like we've gotten, you have to be willing to put money to work in strongly-held convictions.
I've got a few on my list, and I discussed them in my weekly video.