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Cyber Monday; Traders Watch Closely

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Cyber Monday; Traders Watch Closely

Here at we hope everyone had a great Thanksgiving holiday. As we move back into the trading week analysts, traders, and retail investors will be pouring into sales data following Cyber Monday on Monday. The infamous holiday is favored by both consumers and retailers alike as high volume, high discount sales are generated across the web. Everything from the high end, to the low end, is offering amazing deals on more than just electronics this year.

In 2013 it is expected that more than 131 million Americans are expected to go online for the shopping extravaganza nicknamed “Cyber Monday,” according to data published by the National Retail Federation (NRF), up from 129 million last year.

Consumers will be looking for the best online deals as the intense competition between retailers builds up. One industry set to benefit in particular, the delivery firms, with courier Fedex expecting to ship 22 million packages worldwide on Monday. Many analysts expect to see these firms benefit from the high demand for goods from and other online e-commerce retail sites. Moreover, the holiday has moved overseas in recent years.Global research group Experian expects visits to U.K. retail websites to reach 113 million on Cyber Monday too.

On Tuesday, we should have primary sales data from a number of retail sources. Traders can use this data to prepare logical for fourth quarter and holiday season results come early January. Weak consumer buying at the start of the season could be a glaring indication of weakness to come later in the months as well as early in next year. Until then, be careful as retail stocks may prove volatile in this environment. At the time of this writing, the S&P Consumer Discretionary sector was higher by 35 percent year to date.

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