Apparel and footwear stocks are outperforming – are short squeeze rallies next?

IGphotography Consumer discretionary stocks have outperformed consumer staples stocks so far this year. While there have been some pockets of deceleration with travel and leisure spending, consumers have not pulled back on apparel and footwear purchases to the degree feared just a few months ago. Notably, earnings reports covering the crucial holiday season for the apparel and footwear…