Pay Attention To The Retailers Today (JCG, LTD, RTH)

Several of the retailers are starting off the morning strong. J. Crew Group, Inc. (NYSE: JCG) is up approximately 11% to $42 on very strong volume.

Earlier today J. Crew raised its Q3 EPS range of $0.54-0.59 versus $0.36 consensus, prior guidance $0.30-0.33.

The positive news hitting J. Crew, is also helping push the rest of the sector higher. Limited Brands, Inc. (NYSE: LTD) is up 3% to $19.40. bebe stores, inc. (Nasdaq: BEBE) is also on trading up close to 2%, nearing $7.

If you want to participate in the broad retail sector rally, pay attention to the Retail HOLDRs (ETF) (NYSE: RTH). It is currently trading up just $0.03 to $90.56. If the retailers continue to rally today, then you should expect to see the RTH climb higher.