I was out shopping early this week and I have seen traffic and the stores busier than I can remember. Certainly busier than the previous six years or so. The stores do not have the big sales out yet but they certainly have people shopping. I think this is from several things. Cheaper gas prices have Americans in better spirits. They see more money in their bank accounts from slightly higher wages and more work hours. They also have lower credit balances which mean lower payments and they see that they can spend more. Americans still are not good in investing and thinking about saving. So more money earned means more money spent especially around Christmas.
As smart investors we should see this busy Christmas season and make moves into big retailers. They will have great earnings in January and February. Let's choose the good ones and take advantage before the price goes up in the future.
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