Final Call: Oil Effect Slippery on Retail

Karen Finerman of the Fast Money team joins Dylan Ratigan for the last Final Call of the week, and their discussion revolves around how oil has "jerked around" retailers.

Dylan remarks on the overall lousy retail data yesterday, even with the recent drop in crude, which traditionally helps retail stocks. Karen however, said she could not find a lot of data of correlation in these past days.

She did revisit some retailers today and decided to buy one mentioned on last night's Fast Money: Abercrombie & Finch

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[ANF  Loading...      ()   ], as it "didn't participate with the others."

As the market heads into an what Dylan labels an "information vacuum" after the summer months, August Fed meeting and earnings reports are over, he asks Karen which way she she thinks the market -- particularly the retail sector -- is headed.

"The bar is low," she replies. Her feeling is that with the retail-boosting back-to-school season coinciding with oil "moving in the right direction," retail should see a positive boost.

Stay tuned for tonight's show in less than hour, when the team will be joined by a guest investor: Zach Karabell, noted economy academic with credentials from Oxford, Cambridge, Harvard, Columbia, who contributed an Op-Ed piece in today's WSJ, "Thank God for the Chinese Consumer."

Some of the topics on tonight's Fast Money:

-Falling oil trades
-Dennis Gartman on the dollar rally
-Beijing boost: Ralph Lauren

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