Retail Stocks

The current credit and housing markets issues are continuing to pressure consumer confidence. The retail sector does not look good at this time, with numerous stocks trading near or below 52-week lows and sinking. Investors had been hoping for positive December data, but with all of the turmoil…

The key retail-shopping season is in full gear and so far there has been mixed news. In a survey by Thomson Financial on 43 retailers, about 22 retailers failed to meet estimates for same-store sales, while 19 beat sales estimates and two were inline. Yet some optimism surfaced…

The current credit and housing markets issues are pressuring consumer confidence. The recent consumer confidence for November from the Conference Board fell to 87.3, down from 95.2 sequentially. It represented the lowest level since an 85.2 reading years ago in October 2005. As I have said in recent…

Oil has been the hottest performing commodity, after trading near $100.00 a barrel a few weeks back. But after failing to break $100.00, oil has been on a downtrend, with traders taking some profits due to the extremely overbought condition. On Monday, the January light, sweet crude was…

Consumer confidence from the Conference Board was released on Tuesday and it was not encouraging for the condition and direction of the U.S. economy. The reading for the November consumer confidence fell to 87.3, down from 95.2 sequentially. This represented the lowest level since an 85.2 reading years…

A little bit of inflation keeps the sellers away. It's fascinating how well large-cap stocks are doing this earnings season. This continuing sentiment is really becoming apparent as big, brand- name companies report excellent earnings results. The bumps along the road are being overemphasized by the marketplace, which…

The near-term outlook for oil is bearish at this time after it declined by $11 per barrel over the past five weeks. The chart of the basis October light crude on the NYMEX shows a definite downtrend. After showing a bearish double top in July (top one) and…

Consumer confidence for August fell below 100 for the first time since a 98.3 reading in November 2005. The August reading of 99.6 was well below the estimate of 102.5 and below the comparative reading of 105.5 in August 2005. But, while the decline in consumer confidence has…

Why is it that we can buy Wal-Mart stock for the same price today as we could have in 1999? We certainly know Wal-Mart is making a lot more money today than it did back then. But, here we are, seven years later, and the shareholders of Wal-Mart…

After some concerns regarding retail sales and consumer confidence in December 2005, recent economic data has exhibited some optimism as we progress along in 2006.  The January Consumer Confidence number was strong, coming in at 106.3 versus the estimated 105. It was the second straight month in which…

I just came back from a week's vacation. My family and I took a road trip -- boy, were the exorbitant gas prices at the pump difficult to stomach! Two years ago, it cost me $50 to fill up my tank. Today, given the rapidly rising gas prices,…