I am recommending the sell of the retailing sector. Why? The reason is simple, no one is buying anything right now. When was the last time you heard of a friend, neighbor, or colleague bought a new car? I tell you that it is obvious all over America (if not the world) put discretionary spending on perma hold a couple of weeks ago. You can rest assured that there isn't a retailer in America (even Walmart) that will have a great quarter.
Ever since Bush went on prime time consequences..... the retail market has come to a screeching halt that is only slightly less frozen than the cr
I don't know how anyone can look at luxury retailers or any retailer for that matter and conclude that it is a buy. With the credit markets seized up I doubt TIF will have a very prosperous holiday season. I am recommending selling all retail stocks. As the markets head south, there will be no place for any of the securities in this class to go but down. Being up against good comps is just one factor that will weight down the sector. I suspect the weakness seen in the financial sector will begin to drag these guys down as well. Please don't get caught expecting any major rally. I am ...
Simply put, consumers will be purchasing fewer luxury goods as we move into the holiday season. With the retraction of about 2 Trillion in available consumer credit, credit cards are shoring up their balance sheets and deleveraging. This will have a real impact on consumers as they may find they don't have enough credit this holiday season to maintain their normal purchasing 'power'.
Looking for the bottom?....Keep looking.
- Why you should own gold. Historically, Gold has been a safe haven in distressed times, during high inflation times, at times when there was distrust o...
SELL THIS RALLY
- Sell this rally if you know what is good for you. The reasons are simple and relatively straight forward. Firstly, nothing has changed if anything th...
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
TIF
TIF
About Tiffany & Co.
- Answers.com
