Trend Signal Now: $9T in annual spending

Tuesday, November 25, 2025

Welcome to The Strazza Letter, a free note with market insights from me, All Star Charts Chief Market Strategist Steve Strazza.

We're in a bull market, but consumer discretionary and retail have lagged for most of the year.

That's the backdrop Macke cares about: trillions in annual consumer spend, yet a sector that still looks broken on the surface — even as certain names are quietly leading.

The opportunity is simple: the spending doesn't disappear.

It rotates — toward value, toward specific categories, toward a handful of brands.

Price eventually has to catch up.

On Tuesday, December 2 at 1 PM ET, Macke will break down:

How he uses real-world consumer tells as a leading indicator
The retail names he believes are mispriced relative to their position in that $9T stream
And how he and Sean are structuring trades into December's earnings window

If this bull market is going to broaden, discretionary can't stay left behind forever.

Join Tuesday's retail breakdown

Steve Strazza | Chief Market Strategist, All Star Charts

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Suite 405
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Trend Signal Now

$9T in annual spending — and retail still lags