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Tax reform and holiday shopping send retail stocks to best month in 6 years

Perhaps pronouncing the death of brick-and-mortar stores was premature. Retail stocks, which have long lagged the overall market, have seen a strong resurgence in recent weeks, helped by the twin tailwinds of a strong holiday shopping season and optimism ... read more

Early December Lull Not Seen Derailing Retail Holiday Hopes

Holiday shopping usually drags after ... said one senior executive from a national retail chain, who also requested anonymity. "The weather is on everyone's side. There's a ton of exuberance about tax reform and most retailers are up against a horrible ... read more

Here's Why These Retail Stocks Jumped as Much as 8% Today

A couple of things are helping drive these retail stocks higher today. To start, it's looking increasingly likely that Congress will be able to get a tax reform package to President ... results over the Thanksgiving holiday weekend -- one of the most ... read more

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MomsRising: So long, sales tax holiday

Earlier this month ... tax free back-to-school shopping - will mean for families in our state. The last weekend families could benefit from the extra savings the tax-free holiday affords us all was Aug. 2 to Aug. 4. The General Assembly passed a tax reform ... read more

Bullish Investors Could Push Equity Uptrend Into 2018

SPX rose for an 8th month ... "best 6 months of the year" (November thru April) in an astounding 84% of the years since 1950 (from Stock Almanac). SPX Performance Following Big Gains by Thanksgiving This past week was the first week for holiday shopping ... read more

5 of the Best Retail Stocks to Buy Ahead of Q3 Earnings

And with the holiday shopping season ... a broad-based gain in retail sales last month, including those that have been the hardest hit by bankruptcies and store closures over the past year. Overall U.S. retail sales climbed 1.6% in September from August ... read more

Dow Jones industrials breach 24,000 in broad market rally

“But clearly the move toward tax reform, moving through the hurdles ... On average, December is the best month for stocks. And, while there are some warning signs and reasons for concern, analysts have some solid reasons to think December 2017 will ... read more

Economic Concerns Keep a Lid on Markets

In the stock market, U.S. equities bounced around the unchanged line on Monday, consolidating the gains earned in the holiday-shortened session on Friday. Treasury bonds strengthened, the dollar outperformed, gold gained 0.6% and crude oil fell 1.4% on ... read more


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