Retail Round-Up: Sell in May, Then Go Away

By Terry Woo  JUN 04, 2009 1:45 PM

Another eye-poppingly ugly month, and investors aren't happy.


Uncle JeffMacke is stuck on a plane right now, so he asked me to give you the report on same-store sales results. Taking a peek at the numbers, it’s another eye-poppingly ugly month, and investors are clearly showing their displeasure for the whole sector. It seems as if the old Wall Street Mantra of “sell in May and go away” is working - for retail, at least.

Anyway, here’s what I deduce from the figures:

No positions in stocks mentioned.

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