If earnings are driving the rally, then next week is going to be very telling. "I want to be careful of some stocks," Cramer said.» Read More
The behavior of teen retail stocks can be fickle, reports CNBC's Courtney Reagan.
Stocks eased off their lows but still finished in the red Wednesday, as weakness in the retail sector and ongoing worries over the looming "fiscal cliff" kept a damper on gains.
*Retail stocks among S&P 500' s biggest decliners. *Obama heads back to Washington after vacation. *Dow off 0.2 pct, S&P 500 down 0.5 pct, Nasdaq off 0.7 pct.
*Retail stocks among S&P 500' s biggest decliners. President Barack Obama is due back in Washington early Thursday for a final effort to negotiate a deal with Congress to bridge a series of tax increases and government spending cuts set to begin next week, the so-called "fiscal cliff" many economists worry could push the economy into recession if it takes effect.
Money is moving out of retail stocks and into a few other sectors, the CNBC "Fast Money" pros say.
Showrooming, the retail term for shoppers who try a product, then buy it cheaper on Amazon.com or other websites, has driven retailers to the point of hiding barcodes, improving their own websites and coming up with methods to get people to complete their purchase in the store.
Take a look at some of Wednesday's midday movers.
Topshop has its sights set on expansion plans in the US and Asia, and that could be a big worry for some US retailers.
Find out what Wall Street pros had to say about retailers in this CNBC.com Stock Blog Roundup.
*Aeropostale: "Challenging" first few weeks of November. *Aeropostale: "Cautious" for the rest of the quarter. Nov 28- Teen clothing retailer American Eagle Outfitters Inc said it got off to a strong start fo the holiday selling season and raised its earnings forecast for the year, while Aeropostale Inc's forecast showed it expects a tougher season than its rival.
*Sees FY earnings from continuing ops between $1.38 and $1.40. Nov 28- Teen clothing retailer American Eagle Outfitters Inc said it was heading into a strong holiday season as both its casual clothes and lingerie sold well, and more customers shopped at its stores despite fewer discounts than last year.
Despite some encouraging reports about Black Friday sales, one analyst sees a battle ahead for retailers during the crucial holiday shopping season.
Three retail companies are poised to cash in big on Black Friday, J Rogers Kniffen CEO Jan Kniffen said Wednesday on CNBC.
The teen clothing retailer got help from lower cotton prices and improved demand in international markets.
Retailers are relying on part-time workers, a trend that has frustrated millions of Americans who want full-time jobs.
U.S. meteorologists expect a natural horror show of high wind, heavy rain, extreme tides and maybe snow to the west beginning early Sunday, peaking with the arrival of Hurricane Sandy on Tuesday and lingering past Halloween on Wednesday.
The storm has a 70 percent chance of smacking the Northeast and mid-Atlantic next week with gale-force winds, flooding, heavy rain and maybe even snow, forecasters said adding, it has all the earmarks of a billion-dollar storm.
Check out which companies are making headlines after the bell Tuesday.
Oct 8- Abercrombie& Fitch Co:. *Credit Agricole revises rating on Abercrombie& Fitch to outperform. Reuters Station users, click. 1568.
Oct 1- Abercrombie& Fitch Co:. *Credit Suisse starts Abercrombie& Fitch Co with an underperform. Reuters Station users, click. 1568.