Consumer Discretionary stocks, particularly retailers, have seen some nice gains over the past quarter, but is it too late for investors to get in on the holiday season?
Should one believe that the economy will continue to rebound, it could mean that making broad bets on improvement among consumer discretionary stocks are a smart bet.
News that consumer sentiment dropped to a 31-month low in October despite analysts' predictions prompted losses across the consumer discretionary and consumer staples sectors.
As Consumer Discretionary stocks take on more defensive characteristics, resembling that of Consumer Staples, investors can use these volatility indices to better gauge the market.
American consumers are increasingly loosening the purse strings to enjoy a meal out, feeding the growth of niched eateries like Buffalo Wild Wings and Chipotle.
Netflix shares plunged on Tuesday after an earnings report after market close Monday sparked concerns about the company's growth in streaming subscribers.
Share is Wal-Mart tumbled 4.66 percent Monday after the New York Times exposed rampant corruption by the company's Mexican arm and a cover-up to hide it.