Rich Ross Is Bullish On SPDR S&P Retail (ETF)

He said consumer stocks have been lagging the market, but they have recently started a bullish break out to the upside. He analyzed a chart of SPDR S&P Retail (ETF) and concluded it could move from $48 to $51, which is a 6.25 percent return on a trade.

At last check, XRT was down 0.56 percent on the day, seen trading at $47.89.