Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages $WMT, $M, $MCD, $AMZN, $CMG Amidst overall strong Quarterly results, rising labor costs are a growing concern, with more than 12 companies in the S&P 500 mentioning them in conference calls so far this earnings season. Next week, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) are due […]

Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates

Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates

Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates $TGT Target Corp.’s Q-2 sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a 10 years, shares are trading nearly 5% higher as of this writing The Minneapolis-based retailer also raised its profit forecast […]

President Trump Not Targeting Bezos Over WP Ownership

President Trump Not Targeting Bezos Over WP Ownership

President Trump Not Targeting Bezos Over WP Ownership $AMZN President Trump believes that Amazon is unfair to America’s retailers US Treasury Secretary Steven Mnuchin said Donald Trump’s attacks on Amazon.com Inc. (NASDAQ:AMZN) have nothing to do with critical coverage of the White House by the Washington Post, owned by Amazon’s CEO, Jeff Bezos. Secretary Mnuchin […]

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt Millennial’s spending habits have been driving business leaders crazy, but not because the youngest generation in the workforce is irresponsible with their cash. On the contrary, millennials are turning out to be the most frugal demographic since the so-called Greatest Generation that came of age during the depression. That […]

America’s Confident Consumers Post Record Breaking Holiday Spending

America’s Confident Consumers Post Record Breaking Holiday Spending

America’s Confident Consumers Post Record Breaking Holiday Spending $AMZN, $M, $MA, $TGT, $FDX, $UPS The US Holiday shopping season is on track to break sales records on the back of rising consumer confidence presenting an unexpected “boom” for retailers and the delivery companies they rely on. The Christmas Holiday shopping season, a Key period for […]

American Companies Counting Benefits from President Trump’s Tax Cuts

American Companies Counting Benefits from President Trump’s Tax Cuts

American Companies Counting Benefits from President Trump’s Tax Cuts $WFC, $GS, $AAPL, $GOOGL US Craft breweries are raising a glass to the Republicans’ new tax overhaul: It cuts the excise tax on beer. US Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells […]

DJIA Post Another Record, Investors See Tax Cuts Ahead

DJIA Post Another Record, Investors See Tax Cuts Ahead

DJIA Post Another Record, Investors See Tax Cuts Ahead $DIA, $SPY, $QQQ, $VXX The DJIA marked aother record high Monday, with banks and retailers surging and tech falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. The S&P 500 ended with a small loss after hitting an intra-day all-time […]

Strong US Consumer Confidence Cheers Retailers

Strong US Consumer Confidence Cheers Retailers

Strong US Consumer Confidence Cheers Retailers  Black Weekend indicated US Consumers shopped for the real deals. Having just gotten through a huge Black Friday, Small Business Saturday and Cyber Monday, news that consumers did not go out and shop ‘till they dropped in October was not something for retailers to worry about. After splurging on […]

Cyber Monday Online Sales Spike 17% to Record Highs

Cyber Monday Online Sales Spike 17% to Record Highs

Cyber Monday Online Sales Spike 17% to Record Highs Cyber Monday is pacing to become the biggest-ever Internet shopping day in the United States as many more Americans shopping on their phones. Adobe Analytics, a leading collector of e-commerce data, said Cyber Monday is expected to generate $6.6-B in sales, up from $5.6-B a year […]

Many American’s Will Shop at Real Stores this Holiday Season

Many American’s Will Shop at Real Stores this Holiday Season

Many American’s Will Shop at Real Stores this Holiday Season $DIA, $SPY, $QQQ, $VXX A recent Gallup survey shows that while a majority of Americans will shop online for holiday gifts, traditional brick-and-mortar stores are not dead. 65% of US adults say they are likely to shop online for Christmas gifts this year, up 12% […]

America’s Big Banks Enter the Marijuana Industry

America’s Big Banks Enter the Marijuana Industry

America’s Big Banks Enter the Marijuana Industry $JPM, $BAC, $C, $WFC , $MCD, $SBUX, $AAPL, $WFM A Key issues facing the marijuana industry in the US states with legalized marijuana is their inability to find a bank willing to handle the money. That is because marijuana remains illegal under federal law, and many banks have […]

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs $BBY, $M, $HD, $AMZN, $TGT Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy (NYSE:BBY), Kohls […]

Holiday Shopping Expects the “Trump Bump” Retailers Happy

Holiday Shopping Expects the “Trump Bump” Retailers Happy

Holiday Shopping Expects the “Trump Bump” Retailers Happy $ADBE Black Friday, the day after Thanksgiving that’s been the traditional kickoff to the holiday shopping season, now it is no longer a 1 day event. The WS-J reported Thursday shoppers have already spent $27.2-B between 1 and 23 November, a 4.3% hike over the same frame […]

China: Deep Pockets and Digital Trends Drive Consumption

China: Deep Pockets and Digital Trends Drive Consumption

China: Deep Pockets and Digital Trends Drive Consumption For foreign companies targeting the deep pockets of China’s growing middle class, understanding demand and consumption habits are Key. The future of consumption in China is digital, consumer-driven and aided by safe and secure mobile payment systems, according to attendees of the 3-day annual World Economic Forum […]