Meltup At Marriott Is Likely To Persist Until Room Bookings Deteriorate

Tomsmith585Certain Consumer Discretionary Names are beginning to trade like technology stocks A tremendous melt-up has begun to take hold among certain consumer discretionary names, lifting companies like Marriott to near parabolic status. There is increasing enthusiasm over the soft landing representing a new paradigm of consumer spending enthusiasm and that the good times will keep on rolling.  Marriot's stock price ascent is a combination of the company's strong fundamentals, investor enthusiasm on a ...