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IBDvalueinvestin (99.67)

Shocking Upside Surprise in Retail Numbers for January.

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February 12, 2009 – Comments (4)

08:30  ECONX January Retail Sales +1.0% vs -0.8% consensus, prior revised to -3% from -2.7%

Forget the minor upside in initial claims which are a lagging indicator. Look at the Retail Upside Shocking Surprise.

4 Comments – Post Your Own

#1) On February 12, 2009 at 8:41 AM, IBDvalueinvestin (99.67) wrote:

Analysts on radio says the retail number is across the board higher, and is not being driven up by any one certain item. That is really good news because its up across the board.

Nobody in the entire market expected positive retail numbers today let alone a 1%+ positive number.

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#2) On February 12, 2009 at 10:20 AM, BenGriffin71 (27.93) wrote:

I like how you comment on your own posting...  It makes me feel like other people are chiming in with support....

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#3) On February 12, 2009 at 10:24 AM, BenGriffin71 (27.93) wrote:

Yeah... that is cool... commenting on your own post.

... so since no one in the entire market saw this unexpected number.... why is the market down?

Could it be that no one in the entire market yet sees this as an unexpected shocking upside surprise?.... even if unexpected, it is insufficient to be called 'shocking'.

 

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#4) On February 12, 2009 at 10:28 AM, BenGriffin71 (27.93) wrote:

Someone in a blog says that BenGriffin71 made some really good points about commenting on one's own post.  That is a really good comment because it is also self referential.

 

Nobody in this entire blog, expected BenGriffin71 to comment on his own comment, let alone twice!

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