Comment: Shares of PSS, the company behind brands like Payless ShoeSource and Stride Rite, finished up the day down 3.7% before adding on another 9% in losses during afterhours trading. The company is now trading dangerously close to its flashcrash low of $19.50 and is below its 10, 20 and 50day moving averages. In a market that is trending down, this is not the type of stock that you want to go long, or at least not without a tight stop. If you're looking for some exposure to the Sneaker space, look to a quality name like Nike (NYSE: NKE). While it is not off its highs as much as PSS, it has still had quite a haircut, and has the kind of balance sheet that can weather the worst of times.

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In fact, all eight were helped out financially by the local. My favorite on this list, All Heels For Men offers a wide range of shoes and boots for men, designed in womens styles, but sized for guys. He despaired it demonstrates coarseness of our culture in this age of social media.


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