Trader Talk
- Airlines Starting To Soar
- Strong Dollar—Strong Stocks? Not Today
- B of A Will Trade 1 Billion Shares Today
- The Jobless Surprise
- Bruising Day For Banks
- Traders Try to Rationalize Poor Retail Sales
- Retail Sales Disappoint
- Retail Sales Tomorrow—A Slow Start to Q4?
- Hovering at New Highs—Again
- The Risk Trade Has Not Gone Away—Yet
TRADER TALK RSS FEED
- S&P Will Reach 1,160 by Year-End: Equity Strategist
- Hirschhorn: Tiger & Risk Management
- How Many People Will Watch SEC Championship Game?
- Don't Buy Citigroup—Buy These Banks Instead: Analyst
- Dec. 4: Unusual Volume Leaders
- Positive Jobs Report, Higher Mortgage Rates?
- Prep Your Portfolio for Next Week: Stock Pickers
- Target Hits the City Streets With 'To Go' Gifts
- Freaky Friday Funny Business
- Special Report: Predictions 2010
- Week Ahead: Road Upward for Stocks Is Getting Rougher
- Nobel Prize Cash Awards May Be Cut Due to Recession
- Saudi Oil Minister: Oil Prices 'Perfect'
- Six More US Banks Closed
- Are Tech Bulls And Bears About To Come To Blows?
- 20 Stocks with the Potential to Pop
- Sen. Baucus Recommended Girlfriend for Key Job
- Apple Acquires Music Service Lala
October Retail Sales—The Good, Bad and Ugly?
Text Size 
CNBC Reporter
October retail sales. Now that all the analysts have finished opining to their clients, it's clear there's good and bad news about the direction of retail sales.
The good news:
1) analysts continue to RAISE earnings estimates,
2) less discounting,
3) rock-bottom low inventory, and
4) some signs that the high-end consumers are coming out of their shells (Nordstrom [JWN Loading... ()
] , Saks [SKS Loading... ()
The bad news:
1) expectations for the retailers are very high, with retailers outperforming since the March lows,
2) there are indications that sales fell off dramatically in the second half of October (Kohl's [KSS Loading... ()
3) gas prices are stil rising, and
4) most analysts are still negative on the consumer.
_____________________________
_____________________________
Questions? Comments?
POPULAR TRADER TALK POSTS
- Airlines Starting To Soar
- Strong Dollar—Strong Stocks? Not Today
- B of A Will Trade 1 Billion Shares Today
- The Jobless Surprise
- Bruising Day For Banks
- Traders Try to Rationalize Poor Retail Sales
- Retail Sales Disappoint
- Retail Sales Tomorrow—A Slow Start to Q4?
- Hovering at New Highs—Again
- The Risk Trade Has Not Gone Away—Yet
Data is a real-time snapshot *Data is delayed at least 15 minutes