Market Update
Weekly Recap - Week ending 12-Jul-07
The positive response to the same-store sales reports for
June isn't rooted so much in the understanding that the
reports overall were strong as it is in the relief that the
results were better than feared.
To be fair, there were some notable and pleasant
surprises.? American Eagle (AEO
27.71, +1.68), Abercrombie & Fitch
(ANF 74.66, +5.28), Hot Topic
(HOTT 11.23, +0.59), a suggested holding in our Active
Portfolio, BJ's Wholesale (BJ
37.43, +1.91) and J.C. Penney
(JCP 74.11, +2.95) are some of the.......
