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The guy at the corner store have a ton of 'something' with a declining demand so he starts to lower the price, surprise, surprise the store across the street starts to do the same......
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Stocks open lower as oil price slump weigh on sentiment, energy stocksSo 'low oil prices' are bad for markets and 'high oil prices' are bad for markets'? Inflation is 'ex food and energy' when oil is $110 but includes food and energy when oil is $30? Ok. I got it now
Source: MarketWatch - 🏆 3. / 97 Read more »
Amazon and other retail stocks typically beat the market during Black Friday weekThe shortened Thanksgiving trading week culminating in the big Black Friday shopping day is typically a good one for consumer stocks and certain retail names in particular, history shows. You actually need to be very careful then with how frequently you are watering because you do not want to kill the plants.
Source: CNBC - 🏆 12. / 72 Read more »
Black Friday is projected to be the strongest in years — here's how retail stocks are reactingBlack Friday 2018 speding was projected to climb by 5.7% versus a year ago, which would be the fastest growth since 2011.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tech stocks rally 2 percent after suffering Black Friday lossesOn Cyber Monday, the Nasdaq Composite Index climbed more than 2 percent as some of the biggest tech companies recovered from a string of losses. rally? really? There is still the aroma of bear scat around. They will keep trying to drive out the weak hands.
Source: CNBC - 🏆 12. / 72 Read more »
Strong Black Friday sales online aren't necessarily good for retail stocksDespite increased shopping activity online, the boost in sales doesn't always translate to stock performance, at least in the short term. God for delivery co's though. Then what the hell is?
Source: CNBC - 🏆 12. / 72 Read more »