I don't like the setup yet on EMTY - but there is a lot of fundamental evidence pointing to a rough 2023 for retail.
Container imports are plummeting - that is a sure-fire sign of falling retail demand:
https://www.descartes.com/resources/knowledge-center/global-shipping-crisis-november-us-container-volumes-decline-to-close-to-2019-levels
EMTY
Container imports are plummeting - that is a sure-fire sign of falling retail demand:
https://www.descartes.com/resources/knowledge-center/global-shipping-crisis-november-us-container-volumes-decline-to-close-to-2019-levels
EMTY
Scott Johnson, MBA, PMP
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Scott Johnson, MBA, PMP
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Managing Partner, SSRJ LLC
I do not represent clients or give financial advice, I only invest my own assets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.