Retailers are breathing a little easier after seeing business pick up a bit last month. Most delivered same-store sales gains in April that were both better than expected and higher than they've been in months.

I didn’t like the data, says Jeff Macke on CNBC’s Closing Bell. If you’ve got gains I’d take some off the table. In fact, the only retailer I feel comfortable buying is Wal-Mart.

I agree that it was a soft month and the consumer is horrible, says Howard Davidowitz of Davidowitz and Associates. However I see opportunity in special situations.