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  • chetgillespie chetgillespie Nov 15, 2012 10:17 AM Flag

    Very Tough Holiday Season

    With the Eurozone officially in recession, the media increasingly bearish, QE3 having been a sell on the new event, retail sales falling and 1.5 years of the markets erased in two months, holiday sales are increasingly susceptible to weakness.

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    • There is still a lot of money out there for consumers to spend. I am figuring that this holiday season, there will be some pent up demand and some extra sales surprising people. I don't know how long the retail buying action may last, but, if the politicians are doing deals in Wash DC, then, we can maybe see some good upside action from now to the end of the year.

      Sentiment: Buy

51.71+0.21(+0.41%)Sep 27 4:02 PMEDT