Retailer Michael Kors Ramping Up As New Base Forms
Posted on December 20, 2012 at 16:55 PM EST
The chart of Michael Kors (KORS) hasn't been so bullish lately, but its action is improving. The stock is having a good week, far outpacing the market and the retail sector. Through Thursday, Michael Kors rallied 10%, which is its best performance since a 23% pop in the week ended Aug. 17. This compares with a 2% gain for the S&P 500 and a 2% rise in the SPDR S&P Retail ETF (XRT). Michael Kors has also outperformed both since the Nov. 23
