Retail News

needhelp asked:


I noticed that people who write the news on sites like Yahoo know about information such as consumer spending, interest rate cut, etc before the news come out. Whereas, I only know about those information when the news come out.

SO my questions are:

1. where do you get information such as:
- retail sales data
- interest rate, etc
- and anything that will affect the economy or stock market

Also

2. What would be good websites to monitor:
- commodity prices
- currency

johnlert22 asked:


I’m interested in buying Lowe’s stock. It seems like a good value company and has good ROE with low debt. Also, Buffett is buying Lowe’s so it must be a decent stock.
The only problem with Lowe’s is that the housing market is dead cold right now, the retail sector is underperforming and the US economy is expected to slow down and maybe even hit another recession. But Lowe’s stock keeps going up. It’s gone up $1.20 in a week. It doesn’t make sense to me. I don’t understand how a home improvement retailer in a time like this can be going up in price. With all the bad news about the housing market, retail, and the economy, it seems like it should be losing value.

What do you think? Is Lowe’s a good buy right now? As of today, 12/05, it’s priced at 31.24 with a P/E of 15.43.