The current strong state of the U.S. consumer and their high level of spending coupled with supply chains that have recovered after the pandemic, this has allowed companies like TJX to have consistent inventories to sell to their customers. Should these conditions continue, the discount retailers like TJX should continue to gain traction and trade higher.
As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.
Hughes Optioneering Team