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Retail Sales Leave ETFs With an Empty Cart
ETF Trends — Retail Exchange Traded Funds (ETFs) Retail sales in September continued to show that consumers aren’t ready to splurge, and related exchange traded funds (ETFs) aren’t ready to perform. The 1.2% drop in sales was even worse than expected, and was the largest plunge in three years, reports Martin Crutsinger for the Associated Press . Economists had been expecting a 0.7% decline. The last time retail sales declined so much was in August 2005, when they fell 1.4%. Auto sales led the weakness, falling 3.8% on difficulties of finding financing. This is the first time sales have ...

CSX (CSX) Earnings & Retail Sales Plunge
Fund My Mutual Fund — ... We've been saying this market has not priced in the recession, but what is frustrating is this bad news is such a 'surprise' to everyone. I guess since we were early on the case it seems like old news - but it appears to be new news to everyone else. Hence constant selling. Retail sales reported today, on a non related note, were putrid. ...

another bad day
Decline and Fall of Western Civilization — updating the credit watch -- per calculated risk, things got somewhat worse -- not better, worse -- today. equity reacted to this as well as an awful retail sales report (verifying to some extent the collapse of the LEI and other econometrics) by selling off (-9%). indexes remain above their lows of this week following monday's monster rally, but only just. a break to new lows could spark a stampede to the increasingly-widely-watched 2002-2003 equity lows around s&p; 770. that's another (-15%) from here. but any bear positions should ...

Wall Street Breakfast: Must-Know News
SeekingAlpha.com: Home Page — ... Retail Sales fell 1.2% in September, far worse than the 0.7% economists expected, and the biggest one-month drop in three years. It was also the third straight monthly decline, the first time on record that's happened. ...