A Football Season Play? Not So Fast, My Friend

We recently discussed the strength in RV play Camping World Holdings, updated below on the daily chart, as being a likely play on the coming football season tailgating parties. 

Nonetheless, even with that American tradition clealry intact on the eve of college football season kicking off, the historic damage in Texas may very well result in a surge in demand for both new and used RVs, plus financing plans to boot, all of which CWH offers customers. 

At the moment, the $37 level now figures to be the major breakout zone. But this remains a strong chart in a terrible retail sector. 

And as the market is known to do throughout history, there are times when a seemingly exogenous event is foreseen by some stocks and sectors. That may very well be the case with CWH. 

More on the broad market in my usual Midday Video for Members.