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"Black Friday" report: In the usa, offline and online shopping are experiencing stark contrasts, with online shopping expected to set new records!
① Sales on Black Friday in the usa were booming, with total retail sales in physical stores and online growing by 3.4% year-on-year; ② Consumers are increasingly leaning towards online shopping, with data showing that physical store sales grew by less than 1%, while online sales surged by 14.6%; ③ The industry also expects that spending on Cyber Monday will reach 13.2 billion dollars, a year-on-year increase of 6.1%.
Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season
Why Is Costco Wholesale Corporation (COST) Among Louis Navellier's Top Stock Picks Heading Into 2025?
Costco to End Book Sales in Hundreds of Stores Starting Next Year: Reports
Black Friday Spending Hits $10.8B, Keeping up the Holiday Season's Record-setting Pace
Black Friday Sales Accelerate With Online Spending a Bright Spot
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晴瓦林 : When I'm looking at SMIEO, 60-min BOLL middle band, and Heikin-Ashi, Costco looks like it is losing the momentum going up. And, the P/E and P/S ratios tell me Costco will crash in any second in a huge negative publicity happening in the future. There are still many people buying though, supporting its price.
ひな☆彡 SOXL(Bull) OP 晴瓦林 : Oh well I agree the momentum is slowing but I really don’t see it sinking too much.
ひな☆彡 SOXL(Bull) OP : Guys keep voting…. No judgement because if you think about it, it also helps understanding where the price may go. More voting it is more accurate the trading sentiment is and it helps us all. Keep voting