mazdaki

Brick and mortar stores are all oversold... It is time to buy

Long
mazdaki Updated   
NYSE:M   Macy's Inc
I'm starting with Macy's the technical are turning around... my own personal experience with their app and purchase was superb in the last couple of days... they will do well in the long run if they are not bought out by online retailer... I have a feeling that many brick and mortar stores will be taken over by high growth low margin online outfits like amazon...
Comment:
Still not too late to join the rally... expect to come out of the downward wedge strong... online marketers should worry as the retailers could have a huge comeback as they learn to leverage their online presence... I would even short Amazon at this point... the like of amazon should be buying macy's before it is too late.
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