Nothing Says Bull Market Like Wildly Overpriced Sporting Goods

I was a net seller today inside the service and will likely tilt that way into the weekend. 

However, it is interesting to see a name like Dick's Sporting Goods, below on its daily chart, quietly improve and finally wake up after a very rough stretch beginning in late-2016. 

You can plainly see DKS basing tightly back above the $37 level, closing a prior gap and recapturing its major daily chart moving averages impressively. $39/$40 looks like the next hurdle to clear above. 

But DKS is yet another retail name staging an improbably turnaround from the depths of ferocious sector unwind in recent quarters.