Consumer Confidence and Stocks

(1) The Limo Driver Survey. (2) Jobs are still hard to get, but less so. (3) Gallup Poll is more downbeat. (4) Confidence diverging between stock investors and consumers and between Haves and Have-Nots. (5) Will consumer spending stall in May? (6) Long PPI. Short CPI. (7) Underweighting Consumer Discretionary stocks. Overweighting MEI. (8) Earnings Month showing plenty of forward momentum in April. (9) Market weighting Consumer Staples.