Group 1 - American Eagle Outfitters stock is trading in a buy zone ahead of its Q3 report [1] - Macy's, Ulta Beauty, and Victoria's Secret are set to report earnings this week, indicating a significant week for retail earnings [1] - Early data for Black Friday and Cyber Monday shows an increase in holiday spending compared to last year [1] Group 2 - American Eagle Outfitters received a Relative Strength Rating upgrade, achieving a score of 81 [4] - Victoria's Secret also earned a Relative Strength Rating upgrade with a score of 82 [4] - The stock market saw a notable gain, with the Dow increasing by 350 points [4]

Market Overview - US stock futures are holding onto gains after a drop of more than 2% last week for the S&P 500 and NASDAQ, despite a rebound on Friday [1] - Bitcoin is back above $85,000 but has fallen from weekend highs, reflecting risk-off sentiment as investors question potential Fed interest rate cuts in December [2] - Upcoming PPI and retail sales data will provide insights into inflation and consumer state, while the White House plans to announce a framework to reduce healthcare costs this week [3][4] Retail Sector Insights - Airlines expect to carry over 31 million people during the Thanksgiving holiday, indicating a strong travel demand post-government shutdown [5] - Retail earnings reports are anticipated, with companies like Kohl's and Best Buy expected to perform better than previously thought, particularly in electronics sales [10][11] - Kohl's interim CEO Michael Bender is expected to be named permanent CEO, as the company struggles with negative same-store sales growth [15][16] Federal Reserve Commentary - Fed Governor Chris Waller supports a rate cut in December, citing a softening job market and potential downward revisions to the September jobs report [19][20] - Boston Fed President Susan Collins does not see a strong need for a rate cut, indicating possible dissent within the Fed [22] - Market sentiment shifted after New York Fed President John Williams suggested a near-term rate cut, impacting stock market expectations [23][24] Cryptocurrency Market - Institutional investors are currently sidelined, with ETF outflows in November reaching $3.5 billion, the highest since February [27] - The crypto market has seen a significant sell-off, with $1.3 trillion in market cap wiped out, representing a 31% decline [28] - MicroStrategy's Bitcoin purchases are being closely monitored, with expectations of further acquisitions following recent price declines [30] Company-Specific Developments - Tesla's stock is buoyed by CEO Elon Musk's announcement regarding the company's AI chip development, which is expected to enhance self-driving technology [32] - Novo Nordisk's Alzheimer's drug trial did not yield significant results, negatively impacting its stock as it faces competition in the GLP-1 market [34] - Oscar Health and Centene stocks are rising due to reports of a proposed two-year extension of Obamacare subsidies, which could stabilize health insurance premiums [35]

All right, joining us right now with more on the retail sector is Manny Cher, LNK partner, BCI Brands chairman, and former PVH chair and CEO. Manny, first of all, thanks for being here. Why don't you break this all down for us.What for for us. What are you going to be looking for from these earnings results. How much do you think we'll see on the tariffs front. How much do you think we'll see about the strength of the consumer.>> I think um business has been good through the se through the second quarter. I ...