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Retail Earnings: What to Watch This Week

Posted by marketnews on November 12th, 2012

Here come the retailers. After a string of positive consumer data showing confidence at a five-year high and decent same-store sales in October, many of our nation's top retail chains are set to report third-quarter earnings results this week. Forecasts from retailers like Wal-Mart and Target are arguably the best gauges of consumer strength now and the jam packed earnings lineup is sure to bring more clarity moving forward.

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Sears Holdings Corporation (NASDAQ:SHLD) has fallen sharply over the last two months. On March 16th, 2012 the stock hit a 52 week high of $87.66. Today, it hit a low of $50.58. The stock is now into a key support level and traders are watching to see if it holds. This level is a pivot point as well as a key gap fill going back to February 2012.

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Sears Holdings Corporation (NASDAQ:SHLD) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). Sears Holdings Corporation witnessed volume of 6.60 million shares during last trade however it holds an average trading capacity of 2.34 million shares. SHLD last trade opened at $43.52 reached intraday low of $43.35 and went +13.03% up to close at $49.00.

Sears Holdings Corporation (NASDAQ:SHLD) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). Sears Holdings Corporation witnessed volume of 5.34 million shares during last trade however it holds an average trading capacity of 1.96 million shares. SHLD last trade opened at $34.04 reached intraday low of $34.00 and went +9.51% up to close at $36.75.

Sears Holdings Corporation (NASDAQ:SHLD) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). Sears Holdings Corporation witnessed volume of 4.12 million shares during last trade however it holds an average trading capacity of 1.80 million shares. SHLD last trade opened at $30.99 reached intraday low of $30.85 and went +3.34% up to close at $34.00.

Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE.OB) recently announced that it has launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos.

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Sears Holdings Corporation. (NASDAQ:SHLD) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). Holdings is broadline retailer with 2,201 full-line and 1,354 specialty retail stores in the United States operating through Kmart and Sears and 483 full-line and specialty retail stores in Canada operating through Sears Canada Inc.

Crown Equity Holdings Inc. (CRWE)

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