Retail Stocks Had Their Worst Week of the Year

Retail stocks are suffering their worst week of the year following a slew of disappointing earnings results. The S&P 500's Retail ETF (XRT) was down as much as 3.3% week to date. It's the worst week for the ETF since it dropped 4.2% in December 2016. 

Foot Locker  (FL) , Ascena Retail Group  (ASNA) and Sears  (SHLD) were some of the biggest losers in retail this week. Ascena, which is the parent company of numerous clothing retailers,  has experienced a 30% decline after adjusting its second half guidance to reflect pressures on the retail sector. 

Retail's downturn giving you the blues? Jim Cramer has a list of retailers that are currently oversold, giving investors a leg up one of the market's most volatile sectors.

More from Stocks

The Biggest Mistake Tesla Short Sellers Are Making Right Now

The Biggest Mistake Tesla Short Sellers Are Making Right Now

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Is Tesla Still Racing Against Nvidia in Autonomous Driving?

Is Tesla Still Racing Against Nvidia in Autonomous Driving?

Dunkin' Donuts CEO to Short-Seller Jim Chanos: You're Wrong

Dunkin' Donuts CEO to Short-Seller Jim Chanos: You're Wrong

Facebook Continues to Hike Capital Spending but Investors Don't Seem Worried

Facebook Continues to Hike Capital Spending but Investors Don't Seem Worried