THE GHOST TRAIN
THE FINANCE GHOST: Retails stocks – strictly for the swingers
Swing trading’s great, if you get it right, and SA’s retailers — like Truworths — offer all the treacherous fun a trader could wish for, writes The Finance Ghost
On a macro level, local retail isn’t a great place to play. The unemployment rate is through the roof, consumers are under pressure from inflation and interest rates are on the rise.
When it comes to individual stocks, performance can (and does) vary wildly among players in the market...