Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

CONSUMER CONFIDENCE TAKES A HIT

|Includes:DBA, DBB, DBC, EEM, EFA, EPI, EWA, EWC, EWJ, EWY, EWZ, FXE, FXI, FXY, GLD, HD, IEF, IWM, IYR, IYT, JWN, KATE, KRE, MDY, MOO, ODP, QQQ, RSX, SHLD, SMH, SPDR S&P 500 Trust ETF (SPY), TGT, TLT, XLB, XLE, XLF, XLI, XLY, XME, XRT

 

 

CONSUMER CONFIDENCE TAKES A HIT

 

Round and round we go and where we stop does anyone know?   Retailers reported mostly better than expected (shocking!) results but offered cautious (wimps!) outlooks.   The hammer was put down on bulls when Consumer Confidence dropped precipitously (um, below expectations?) to only 46 from 56.  So, just when we were wondering if Chucky the Consumer you can’t kill had another sequel in him, things went wrong for the little beast....Click to enlargeREAD MORE!

Sign up to receive free Dave's Daily notifications sent to your email address only at http://www.etfdigest.com

Stocks: SPY, MDY, IWM, QQQ, XLY, XRT, HD, TGT, SHLD, JWN, ODP, KATE, XLB, XLF, KRE, XLI, IYT, IYR, SMH, IEF, TLT, FXE, FXY, GLD, DBC, XLE, DBB, XME, DBA, MOO, EFA, EEM, EWJ, EWY, EWA, EWC, EWZ, RSX, EPI, FXI