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They Came. They Saw. They Shopped!

American citizens (more frequently referred to as “American consumers”) have been told by their ‘leaders’ that the most patriotic thing they can do is to GO SHOPPING.

Today, that patriotism is showing through….

Bargain shoppers, braving rain or frigid weather, crowded the nation’s stores in the wee hours of the night to get their hands on deals from TVs to toys on Black Friday.

Early signs pointed to a solid turnout for the traditional start to the holiday shopping season. In an encouraging sign for retailers and for the economy, more shoppers appeared to be buying for themselves than last year, when such indulgences were limited. Lengthened hours that pushed some store openings into Thanksgiving also appeared to pay off.

Toys R Us, which drew in shoppers with 50 percent discounts on such toys as Buzz Lightyear and Barbies, was counting on getting an extra boost by opening 24 hours straight, starting at 10 p.m. on Thanksgiving.

http://www.huffingto…g_n_788525.html


This Week Will Tell If The Bear is Really Coming Out of Hibernation

 
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes. I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.

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