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ELECTRONICS STORES Stocks Expected To Be Down After Top Correlated Stocks Fire Sell Signals.


Published on 2011-09-05 13:01:50 - WOPRAI
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September 5, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the top most highly correlated ELECTRONICS STORES stocks and the majority have fired a Sell signal as of today. GAMESTOP CORP-CLASS A (NYSE:GME), HHGREGG INC (NYSE:HGG), RADIOSHACK CORP (NYSE:RSH), BEST BUY CO INC (NYSE:BBY), CONN'S INC (NASDAQ:CONN), WHIRLPOOL CORP (NYSE:WHR) are all expected to be Down as the top stocks in the sector have fired Sell signals. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or higher relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks (mirror closest to the overall move in that group) usually move in unison. The technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The chart below displays the correlation, beta and relative strength of the top most highly correlated stocks in the highlighted industry group:

     Symbol     Company                             Correlation     Beta        RelStr      Sector 
     GME        GAMESTOP CORP-CLASS A               0.42            0.87        0.99        ELECTRONICS STORES
     HGG        HHGREGG INC                         0.62            1.12        0.97        ELECTRONICS STORES
     RSH        RADIOSHACK CORP                     0.5             1.84        1           ELECTRONICS STORES
     BBY        BEST BUY CO INC                     0.94            1.31        0.99        ELECTRONICS STORES
     CONN       CONN'S INC                          0.23            1.43        1           ELECTRONICS STORES
     WHR        WHIRLPOOL CORP                      0.32            2.22        1.03        ELECTRONICS STORES
We automatically calculate correlation to help find the stocks that most closely match their groups movement and generate powerful group consensus trading signals to profit from the herd mentality. When multiple stocks in a group turn at the same time and the rotation of that group is confirmed, an explosive move typically occurs. Correlation measures the tendency for a symbol to move in unison with the group, beta measures the amount the symbol is expected to move relative to the group and relative strength looks back at the recent past to show how the stock has been moving relative to the group.

GAMESTOP CORP-CLASS A (NYSE:GME) - GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; video game accessories, including controllers, memory cards, and other add-ons; PC entertainment software; and strategy guides and trading cards. The company sells its products through its stores, as well as through electronic commerce Web sites, including gamestop.com, ebgames.com.au, gamestop.ca, gamestop.it, and micromania.fr. As of January 30, 2010, it operated 6,450 stores in the United States, Australia, Canada, and Europe primarily under the GameStop and EB Games names. The company also publishes Game Informer, a video game magazine in the United States. GameStop Corp. was founded in 1994 and is based in Grapevine, Texas.

HHGREGG INC (NYSE:HGG) - hhgregg, Inc. operates as a specialty retailer of consumer electronics, home appliances, and related services. The company offers video products, such as flat panel televisions, blu-rays, and DVD players; appliances, including washers and dryers, refrigerators, cooking ranges, dishwashers, freezers, and air conditioners; and CD players, digital camcorders, digital cameras, gaming bundles, home theater receivers, mattresses, MP3 players, notebook computers, personal navigation, speaker systems, and telephones. It also sells a suite of services, including third-party premium service plans and third-party in-home service and repair of products, as well as delivery and installation, and in-home repair and maintenance. The company operates its stores under the name of hhgregg. As of March 31, 2010, it had 131 stores located in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, and Virginia. The company is headquartered in Indianapolis, Indiana.

RADIOSHACK CORP (NYSE:RSH) - RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations. Its products include postpaid and prepaid wireless handsets and communication devices, such as scanners and global positioning system (GPS) products; home entertainment, wireless, music, computer, video game, and GPS accessories; media storage, power adapters, digital imaging products, and headphones; home audio and video end-products, personal computing products, residential telephones, and voice over Internet protocol products; digital cameras, digital music players, toys, satellite radios, video gaming hardware, camcorders, and general radios; general and special purpose batteries and battery chargers; and wire and cable, connectivity products, components and tools, and hobby products. The company also provides consumers access to third-party services, such as wireless telephone activation, prepaid wireless airtime, and extended service plans. In addition, it manufactures various products, including telephones, antennas, wire, and cable products, as well as various hard-to-find parts and accessories for consumer electronics products. As of December 31, 2009, the company operated 4,476 company-operated stores under the RadioShack name located in the United States, as well as in Puerto Rico and the U.S. Virgin Islands; 562 kiosks located in the United States; 6 RadioShack service centers in the United States and 1 in Puerto Rico; and a network of 1,308 RadioShack dealer outlets. It also operated 204 stores under the RadioShack name and 10 dealer and 1 distribution center in Mexico. Further, the company sells its products through its Website, radioshack.com. RadioShack Corporation was founded in 1899 and is headquartered in Fort Worth, Texas.

BEST BUY CO INC (NYSE:BBY) - Best Buy Co., Inc. operates as a retailer of consumer electronics, home office products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. The companys stores offer video products, including televisions, navigation products, digital cameras and accessories, digital camcorders and accessories, e-readers, and DVD and Blu-ray players; and audio products, such as MP3 players and accessories, home theater audio systems and components, musical instruments, and mobile electronics comprising car stereo and satellite radio products. Its stores also provide home office products consisting of notebook and desktop computers, tablets, monitors, mobile phones and related subscription service commissions, hard drives, networking equipment, and related accessories, such as printers; entertainment software products, including video gaming hardware and software, DVDs, Blu-rays, CDs, digital downloads, and computer software; and appliances, air conditioners, small electrics, and housewares. In addition, the company offers service contracts, warranties, computer-related services, and product repair, as well as delivery and installation services for home theaters, and mobile audio and appliances; and snacks and beverages. It operates its retail stores and call centers, as well as online retail operations under various brand names, such as Best Buy, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Napster, Pacific Sales, and The Phone House. The company was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

CONN'S INC (NASDAQ:CONN) - Conns, Inc. operates as a specialty retailer of home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses, and furniture in the United States. It also sells repair service agreements and customer credit programs, including installment and revolving credit account programs, and various credit insurance products. In addition, the company sells its products online. As of March 25, 2010, it operated 76 retail and clearance stores in southern Louisiana, southeast Texas, Houston, South Texas, San Antonio/Austin, Dallas/Fort Worth, and Oklahoma. The company was founded in 1890 and is headquartered in Beaumont, Texas.

WHIRLPOOL CORP (NYSE:WHR) - Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators, cooking appliances, dishwashers, mixers, and other small household appliances. The company also produces hermetic compressors for refrigeration systems. It markets and distributes its products under various brand names, which include Whirlpool, Maytag, KitchenAid, Jenn-Air, Roper, Estate, Admiral, Magic Chef, Amana, Inglis, Acros, KIC, Ignis, Bauknecht, Brastemp, Consul, Eslabon de Lujo, Laden, Polar, and Supermatic in North America, Europe, Latin America, and Asia. Whirlpool Corporation sells its products to retailers, dealers, distributors, builders, and other manufacturers. The company was founded in 1906 and is based in Benton Harbor, Michigan.

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