The Traderszone Network

Published in TZ Latest News 12 January, 2016 by The TZ Newswire Staff

Amazon, Starbucks Among Retail’s Bright Spots

Despite overall weakness in the retail sector, Ulta Beauty (ULTA) held steady as one of the two remaining Sector Leaders in Tuesday’s IBD. The stock has traded tightly since a Dec. 4 breakout past a 175.88 buy point. It’s near the high end of a buy range from the entry, though the market correction makes all purchases risky. Ulta has held up better than most stocks of late. Retail came in at No.

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