Retail is puking at the moment, so there will be better opportunities.
Not just retail! I sold my beach condo in July and I’m waiting for the right time to put the money to work. Finding the bottom is no easy task. In retail I’ve given up on “fads” but I’m long on off-price outfits serving the more numerous low income classes (ROST). There are many more poor than rich. Discretionary luxuries are too fickle for my taste, the basics are steadier.
A couple of my junk stocks are bottoming.
Denny Schlesinger