Thursday, December 8, 2022

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Dillard’s (NYSE:) is having a great day, having received a from no less than Warren Buffett, shoving prices deep into an enormous topping pattern. I actually tried to short some shares after this pop, but there are no shares to be had.

DDS Chart

DDS Chart

I am reminded of the Microsoft (NASDAQ:) incited riot going on with GameStop (NYSE:) last week, which slaughtered many a bear. It’s pretty incredible that during this pandemic, the hottest sector around is one dedicated to people getting in their cars, driving to a store, and buying stuff.

Bizarre, but true.

GME Chart

GME Chart

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