Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period.
More Quotes from Ken Perkins:
All groups showed comparable sales up over 5 percent for the month, ... The economy is certainly an element of the upside surprises. We saw back-to-back quarters of GDP growth. People also anticipate a significant amount of fiscal spending particularly in an election year. This bodes well for consumer sentiment.Ken Perkins
Instead of hearing about gas woes, we actually saw a handful of companies raise their earnings estimates. That was a nice surprise.
Ken Perkins
The market is in terrible shape and the prospects for growth are not good,
Ken Perkins
We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts.
Ken Perkins
The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers.
Ken Perkins
I am very perplexed by these results. I had expected 50 percent of the 64 retailers that we track would have missed their sales forecasts. But two-third of that universe have beat so far.
Ken Perkins
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