Every month, I do a monthly Town Hall for my premium members at Macke's Retail Roundup+. This is meant to be a chance for my members to interact directly with me. I'll go over my portfolio, talk about my recent trades, and answer your questions.
Below is my weekly video for members of Macke's Retail Roundup.
This week, I'm hunting for bottoms. There are 5 stocks that have my attention. I'm under no qualms about the fact that we could be in for more downside, but I'm officially in "tactical buy" mode. Any time you get a washout like we've gotten, you have to be willing to put money to work in strongly-held convictions.
I've got a few on my list, and I discussed them in my weekly video.
Below is my weekly video for members of Macke's Retail Roundup.
It's been a helluva week. Even with Friday's bounce, XLY is still by far the worst-performing sector this year.
Crashes are easy. I’ll tell you what to do if stocks fall 20% in one day: Buy something.
Bear markets are a different vibe. If a crash is a blitzkrieg, bear markets are a seige. Every day like the last. Long, negative, intermittent spells of misery. Since December 17th the Consumer Discretionary SPDR is down 18%. No day much stands out as particularly miserable. So far, 2025 has been about two weeks of hope, followed by stocks falling 4 out of 5 days, usually about 1%.
The XLY has now given back all of its gains since last October and is breaking down much worse than that below the surface. First they came for the darlings like Elf and Abercrombie and no one said anything because those were momentum plays.
But the market isn’t just coming for losers on the day they disappoint. Stocks like ANF sell off seemingly every day. It’s been folded in half since January. The stock is “cheap” and...