3 Great Stock Buys for Black Friday
American consumers will begin to show their true colors when they make an appearance at their favorite mall or retail outlet this celine bag online Black Friday the official kickoff to the holiday shopping season.
The Friday after Thanksgiving marks the day when many retailers can count on high store traffic as consumers hit shopping malls and web Celine sites around the country. The big question this year is whether or not the American consumer will show up on Black Friday.
Investors of all stripes should be cognizant of what the consumer is doing right now, and soon the data will reveal exactly how financially healthy American's really are. I believe we'll see a stronger consumer emerge this Friday, and while I think they'll be looking for value, I also expect they'll be looking to celine bag loosen the purse strings a little bit.
A quick rundown of the retail industry revealed some great buys. First, Kohl's (NYSE: KSS) looks great after breaking out past $54 resistance. It should keep running to $60 before any kind of substantial pull back. This is a great long above $54.50.
Next, Aeropostale Inc (NYSE: http://www.celinehandbagse.com/ ARO) could be a great long if it can get back above $27. Taking a look at the chart you can see how $27 was support throughout the year until a large breakdown in August. Shares have yet to retake that level and have only downside ahead if shares can't break out.
Finally, old favorite Abercrombie Fitch (NYSE: ANF), which I have been bullish on since July. Back in July we were playing the bounce of $30 with a $40 target. But after shares quickly hit the target I was looking for $45 after a pull back. That target was hit and now the target is new highs at $55. I think we'll see that this year..