Your Smartphone Helped Disrupt One of the Biggest Sectors Markets Have Ever Known – Here’s How

0 | By Shah Gilani

In 2015, online apparel sales took the number one spot in total online sales from the computer hardware sector (personal computers and tablets), which had been the undisputed online sales leader for a decade.

With the growth of online shopping and increasing online apparel sales starting to explode, it’s no wonder America’s bricks-and-mortar apparel retailers are closing stores across the country.

If these trends continue, and researchers expect them to, Wall Street analysts say we could see 50 retail bankruptcies in the next 12 to 24 months.

Here’s how retail was shaken to its core, and how I plan to work its fall from grace to my readers’ advantage…

The Two Factors That Are Driving Markets Higher

0 | By Wall Street Insights and Indictments Staff

Wednesday’s markets started out on a high note, and there are plenty of theories as to what was driving them. The most popular theory is the announcement of a potential border tax cut, which would repatriate an incredible amount of capital. Caught up in the fervor were Twitter Inc (NYSE: TWTR) and Chipotle Mexican Grill (NYSE: CMG), but stocks like Pepsico Inc (NYSE: PEP) and United States Steel Corp (NYSE: X) didn’t fare so well.

On his latest appearance on Varney & Co., Shah Gilani touched on all this and more. To see what he has to say, and which of the Fab Five stocks is Shah’s favorite, click to watch now