Thanks to Rich from Virginia for this link…
By Jon D. Markman
Contributing Writer
Money Morning
We haven’t looked at the new high list for some time, so I took a quick look to see what’s cooking.
There were quite a few American Depository Receipts (ADRs) for Israel-based companies on the list last week, as well as a lot of U.S. retailers and apparel wholesalers. J Crew Group Inc. (NYSE: JCG) surged to a big new one-year high on Thursday, up 15%, as did shoemaker Skechers USA Inc. (NYSE: SKX), up 14%; and Brown Shoe Co. Inc. (NYSE: BWS), up 3% to a new high. Another new high, with an 18% gain, was recorded by HNI Corp. (NYSE: HNI), which makes office furniture. And of course you know about Amazon.com Inc. (NYSE: AMZN).
What happened to the missing-in-action consumer that the bears have complained about? Makes you wonder.
