Power Rankings: Feeling the love, race to deliver & a retail reality check
In this rally everything is feeling the love, even the most "hated" stocks.A rising market lifts everything. It's called short-covering where traders who are short stocks are forced to cover their position by buying back shares.
Names like Tesla, Beyond Meat, SmileDirectClub, and Peloton are all soaring -- despite the big bets against them.As demand for delivery grows, more and more players have entered the space.The National Retail Federation released numbers from this Holiday season.Giants like Target missed the mark while surprise winners like Signet had a very Merry Christmas.
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