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More on September Personal Income and Outlays: A 0.8% rise on household purchases is just enough...

More on September Personal Income and Outlays: A 0.8% rise on household purchases is just enough to embolden some analysts to predict a nice follow-through into Q4, especially for companies such as Target (TGT), Wal-Mart (WMT) and Costco (COST) with value propositions. Cheaper gas prices and increased housing market activity could also boost results, while the impact of Hurricane Sandy and the tick-tock nature of the fiscal cliff loom as major wildcards.
Comments (5)
  • Jason Tillberg
    , contributor
    Comments (1267) | Send Message
     
    cheaper gas prices??
    29 Oct 2012, 09:46 AM Reply Like
  • chopchop0
    , contributor
    Comments (3846) | Send Message
     
    Yep. they've been dropping everywhere in the last few weeks.
    29 Oct 2012, 09:55 AM Reply Like
  • Jason Tillberg
    , contributor
    Comments (1267) | Send Message
     
    still higher this year Vs last year.. and last year was record high, record average high of $3.53 a gallon.
    29 Oct 2012, 10:42 AM Reply Like
  • vallies
    , contributor
    Comments (351) | Send Message
     
    $3.18 here in Cuyahoga Falls Ohio. Picked up a little TGT Thursday, 62.98, little PIR and INTC. I still have cash to the side lines GDP deflator's increase could be attributed to people being people paid more. Mid asset funds to report Weds, let see what happens. Could have a wave of earnings Weds,Thursday is going to be big to, and we don't know if we are going to get Fridays jobs report. With SANDY maybe CUM,CAT,LOW,HD,etc. You could also short the insures, then buy.CHUB.
    29 Oct 2012, 12:14 PM Reply Like
  • vallies
    , contributor
    Comments (351) | Send Message
     
    Maybe not HD, LOW, the big guns say so, they suggest AWI which I agree, and also MAS. I might look at the finish chemical companies, such as OMN, and HWG. They both provide the solutions for the refinishing of cabinets and counter tops. Make sure they don't report soon, or if they have and guided poorly, look for that upside resistance.
    29 Oct 2012, 12:56 PM Reply Like
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