Remember what I said on here two weeks ago:
And in fact I sold or shorted a lot of things, including the S&P and commodities on the benchmark level overbought condition (you just don't see 77.6% of the SP 500 above the 200 day moving average often and it doesn't stay there long). These are stocks I bought on 2/11 that I sold on 4/29 (% increase shown):
M (13.18%)
URBN (26.86%)
AEO (7.59%)
NPTN(29.2%)
VDSI(23.6%)
I still have these that I bought or shorted at the same time:
NVDA (42.53%)
SNCR(56.47%)
VRX-short(68.42%)
So let's say that my family isn't exactly complaining about the returns, but I've been doing exactly what the big money has been doing--buying on weakness and selling into strength. The selling in retail may be more about expectations than actual eps, but retail sales have been going bad for the whole last quarter, with the exception of AMZN, which I also sold but before 4/29 for a profit of 26%. What's wrong is the whole sector, not just Macy's.
Agip may wonder whether he wants stocks now, but my problem is what to do with the profits I'm making in commodities--the most I can get in a commodity clearing broker account is .25% (tbills) unless I do something with the profits--so I increased the allocation to stocks....and then reduced it again.