Strong November Retail Sales Suggest U.S. Stocks to Continue to Trend Higher

December 12, 2014

The U.S. Department of Commerce reported on December 11 that sales at U.S. retail outlets rose considerably during November in spite of weak sales at brick and mortar stores over the Thanksgiving weekend.

 

That report follows a strong employment report issued last Friday by the U.S. Department of Commerce. With The Conference Board reporting on December 3 that help-wanted advertisements posted on Internet web sites rose sharply during November, there's a good chance that the employment situation in the United States will continue to improve over the near-term.  (More News Below).

 

12/12/14: Our research indicates that stocks will continue to trend higher after pulling back modestly over the next few weeks.

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