Comments on: Consumers Cherry Pick Black Friday Sales

By: I think that I have pushed my luck about as far as I can - Steve Cook on Disciplined Investing - InvestorsInsight.com | Financial Intelligence, Advice & Research / Investment Strategies & Planning for Individual Investors.

Mon, 30 Nov 2009 14:49:05 +0000

[...] is having any impact on investors’ minds, this can’t be a positive. http://www.ritholtz.com/blog/2009/11/consumers-cherry-pick-black-friday-sales/   However, there does appear to be a decent increase in on line [...]

By: In Stock! The Bad Holiday Sales Forecasts | The Big Picture

In Stock! The Bad Holiday Sales Forecasts | The Big Picture — Mon, 30 Nov 2009 12:39:54 +0000

[...] traffic was up slightly. Cherry picking sales items was quite common. But we also know savings are up unemployment is up and consumer confidence is [...]

By: Barry Ritholtz

Barry Ritholtz — Mon, 30 Nov 2009 11:21:38 +0000

Shoppers Showed Up, but Spent on Bargains
http://www.nytimes.com/2009/11/30/business/30retail.html

More Shoppers Hit Stores, but Spend Less Each
http://online.wsj.com/article/SB10001424052748703300504574566241121067778.html

By: easystreet

easystreet — Mon, 30 Nov 2009 05:03:56 +0000

It’s the first time all year our family spent money on things we didn’t really need. After holidays the wallet will be shut tightly until next black friday if there’s any left.

By: Pat G.

Pat G. — Mon, 30 Nov 2009 03:34:32 +0000

I see it as a win-win. More people were shopping but were more conscious on what they were spending.
As far as $249 LCD TVs, there were ads for those in this Sunday’s papers (Best Buy for one). Who needs to be at a store at 2AM?

By: Doctor Stock

Doctor Stock — Mon, 30 Nov 2009 03:02:13 +0000

Good news… bad news… the reality is there is strength but most people are still extremely cautious, including institutional investors. Buy only the best stocks and hold some small inverse positions!

By: Chief Tomahawk

Chief Tomahawk — Mon, 30 Nov 2009 02:34:07 +0000

Is it official ‘Baghdad Bob’ works for the NRF yet? Or is he still at the National Association of Realtors?

Anyways, a little off-topic, but has the famous “woods” scene (where the hillbillies could tell taxpayers to “Squeal like a pig!” and “You’ve got a purty mouth”) from “Deliverance” been re-worked yet? And if so, who will be our Burt Reynolds???

By: MRegan

MRegan — Mon, 30 Nov 2009 00:59:36 +0000

Enjoy: http://thechive.com/2009/08/13/daily-morning-randomness-81309-30-photos/random-funny-hilarious-fcc-19/

By: Darkness

Darkness — Mon, 30 Nov 2009 00:23:18 +0000

Spending down 8% per person? This is very encouraging. We will not have a real, sustained recovery until household balance sheets are repaired.

By: ezduzit

ezduzit — Mon, 30 Nov 2009 00:03:32 +0000

as shopping attendance was up and sales were flat or down, i guess that gas stations and parking garages did better unless everybody car pooled. if they couldn’t car pool then only shoe leather is left.

this thanksgiving holiday was no panacea except fresh turkey traded at near record lows. .89cts a lb at stop/n/shop.

happy holiday,

ps: not good morning vietnam but good morning dubai.