Retail Sales misses and BBY's reaction to earnings

This morning November retail sales missed consensus badly, which may alter the GDP forecast, it will also have negative effect on retailers for Q4 earnings.

Yesterday's BBY earnings post concluded: "I'm not making an earnings call here, but if I HAD to bet, I would say the reaction to earnings would not be favorable over the next few days."


Here's BBY on the open

Now down almost 12% on the day. See yesterday's post on BBY linked above.