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.
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.
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.
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.
Casino stocks jumped after news Friday that projections for growth on the Chinese island of Macau remain robust and analysts at two separate companies upgraded Wynn Resorts.
November sales posted sharp gains for US and Japanese automakers, making it the best month for auto sales of 2011. Honda, though, was unable to join the party as sales dropped.