I don't like the setup yet on EMTY - but there is a lot of fundamental evidence pointing to a rough 2023 for retail.
Container imports are plummeting - that is a sure-fire sign of falling retail demand:
https://www.descartes.com/resources/knowledge-center/global-shipping-crisis-november-us-container-volumes-decline-to-close-to-2019-levels
EMTY
Container imports are plummeting - that is a sure-fire sign of falling retail demand:
https://www.descartes.com/resources/knowledge-center/global-shipping-crisis-november-us-container-volumes-decline-to-close-to-2019-levels
EMTY