Deep Freeze Weather: Good or Bad for US Retailers?

Deep Freeze Weather: Good or Bad for US Retailers?

Deep Freeze Weather: Good or Bad for US Retailers?

$AMZN, $UNG

Cold Arctic air is covering the northern part of the USA, demand for Nat Gas to heat US homes is expected to spike, plus a lot of US retailers are hoping that demand for cold-weather gear will spike too.

Retailers want enough cold weather to put consumers in a Holiday frame of mind and to remind them that they need go out and buy more warm clothes.

Too much cold and especially snow may keep consumers snug safe, warm and dry at home, tapping away at keyboards and mobile devices as they buy Holiday gifts in comfort.

That would be OK, but 1 giant retailer gathers up most of the online spending.

Amazon.com (NASDAQ:AMZN) took 40% of all online sales in November and December of Y 2015.

What is good for apparel retailers is not necessarily good for other businesses. Restaurants, in particular, face a downturn this Holiday Season.

Restaurant business analysts say business drop by $1.1-B compared with last December. Consumers do not eat 2 restaurant meals to make up for 1 they missed on account of bad weather.

One last effect from this year’s colder weather is likely to be a lot fewer inventory markdowns in January and February on Winter clothing.

Symbol Last Trade Date Change Open High Low Volume
NASDAQ:AMZN 757.77 16 December 2016 -3.23 765 765.13 754 4,848,200
HeffX-LTN Analysis for AMZN: Overall Short Intermediate Long
Bearish (-0.31) Bearish (-0.26) Bearish (-0.38) Bearish (-0.31)
Symbol Last Trade Date Change Open High Low Volume
NYSEArca:UNG 8.55 16 December 2016 -0.09 8.45 8.63 8.44 15,515,600
HeffX-LTN Analysis for UNG: Overall Short Intermediate Long
Neutral (0.19) Neutral (0.21) Neutral (0.04) Bullish (0.31)

Have a terrific weekend

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