Hincks: Retail Sales Still Strong Despite Decline, WMT Earnings Key for Momentum

While July 2026 retail sales have fallen, Kevin Hincks notes that the metrics are still up overall year-over-year. Walmart (WMT), Target (TGT), Home Depot (HD) and related earnings next week are what he sees serving as important catalysts for the retail space. Kevin turns to other macro movers as he says the U.S. is starting to play the "long game" with Iran by strangling its economy as headlines clash around the Strait of Hormuz. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about