IS SEARS ABOUT TO GO TITS UP ?

Probably

by Bob Walsh

Stock in Sears (SHLD) is now down to about 51 cents. There is open speculation by stock market watchers and retail gurus that they will go tits up this month, maybe as early as next week. Damn shame.

Dow closed more than 800 down yesterday, lead by a huge drop in Tech stocks. There is some speculation that this is primarily profit taking and people moving out of tech into less volatile areas. May even be correct. Who the hell knows?

EDITOR'S NOTE: Other market watchers say the trade war with China was the leading factor.