(1) This year’s holiday season has fewer shopping days. (2) Cyber Monday saw record spending. (3) Ritholtz warns investors to beware of seasonal hype. (4) While some retailers are raking it in, shifts in shopping patterns have stranded others in the cold. (5) Two S&P 500 retail industries with fraying earnings cloaks: Department Stores and Apparel, Accessories & Luxury Goods. (6) Likewise, there are haves and have-nots in the S&P 500 Technology sector. (7) High P/Es in S&P 500 Application Software industry mean there’s little room to err.
End of free preview
Ed's complete analysis, every chart linked, and the archive back to 2009.
Individual investor? Ed's QuickTakes are available for personal use at yardeniquicktakes.com →