Nordstrom?s Twin Peaks Suggest Short-Term Sell-Off

Is it possible that a near-term retreat in shares of high-end retailer  (NYSE: JWN) could be an opportunity for both short-sellers and longer-term investors alike? has outperformed both the Consumer Discretionary Sector SPDRS ETF (NYSE: XLY) and the more retail-specific,  S&P SPDRS ETF (NYSE: XRT) since the June lows. The stock is edging toward new [...]

Source: http://www.forbes.com/sites/greatspeculations/2012/08/23/nordstroms-twin-peaks-suggest-short-term-sell-off/

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