If you aren't a subscriber to my Zenith Trading Circle service, you might have missed some lucrative good news: Retail think tank Fung Global Retail & Technology reported U.S. retailers plan to shutter 6,700 retail locations this year. Credit Suisse says that figure handily beats the old record of 6,163 closings set in – big surprise – 2008.
"But wait," I can hear you ask, "2008 I get, but the economy's humming along now, so why the closings? And why are these closings good news?"
Well, I'll tell you.
As to the first question, these overleveraged, maladapted-for-the-21st-century retailers could screw up a free lunch; the U.S. economy could grow 'til the cows come home and they just couldn't handle their debts.
The retail sector as we once knew it is now teetering on the edge of absolute destruction, and there's nothing – and I mean nothing – anyone can do to save retail stocks. Diagnosis: TERMINAL.
Which brings me to your next question, of course. This is great news for well-positioned investors because Wall Street smells money – big piles of it – on the table… and it smells as irresistible and tasty as scratch-made chocolate chip cookies baking on a snowy afternoon.
Mmm… Hungry? Good. We're going to sneak into the kitchen while Wall Street's not looking and take a bunch of those rich, delicious cookies for ourselves.
We're going to make a lot of money.
And we won't have to own a single one of these clunkers to do it.
So let's go get some…
The "Death of Retail" Is Your Opportunity to Make an Absolute Killing
Now is your chance to make more money than you've ever seen, and I'm probably the only person on Earth who can help you extract cash from these companies as they spiral toward bankruptcy.
You see, over the last three years, I've developed a moneymaking ritual…
One that I practice every day.
It allows me to see which retail stocks have about a 100% chance of dropping in price and when they'll hit the self-destruct button.
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
He helped develop what has become known as the Volatility Index (VIX) - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of 10X Trader, Shah presents his legion of subscribers with the chance to earn ten times their money on trade after trade.
Shah is also the proud founding editor of The Money Zone, where after eight years of development and 11 years of backtesting he has found the edge over stocks, giving his members the opportunity to rake in potential double, triple, or even quadruple-digit profits weekly with just a few quick steps.
Shah is a frequent guest on CNBC, Forbes, and Marketwatch, and you can catch him every week on Fox Business's "Varney & Co."
He also writes our most talked-about publication, Wall Street Insights & Indictments, where he reveals how Wall Street's high-stakes game is really played.