Thursday, January 8, 2009

Retailer's Reports are Weak

Bucking the sector's beat down today is Urban Outfitters (15.46 +1.46).  They'd released decent retail numbers today and the stock surged 10 % on healthy volume.  Don't get too overzealous though a break above 15.80 = good.
GameStop (GME 25.58 +2.97) had good numbers.  Look for a move above $26.51.

Earnings were better than expected at Sears.  The stock was up over 20%.


No comments: