Happy Holidays or Black November?

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Oct. 25 (Bloomberg) –- Bloomberg’s Lindsey Rupp discusses expectations for the holiday shopping season. She speaks with Julie Hyman on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Street finance will be our guest.

He has the latest on how the jobs act is affecting the vc community, the decisions he makes.

You will want to see that conversation.

It is 56 minutes past the hour which means it is time to go on the markets.

Julie hyman has everything you need to know on the trade from the newsroom.

We are ending the week on an up note at least with one hours ago.

Trading at not quite the highs of the session but close to it.

Earnings have been a drive in trade all season.

In terms of earnings, i want to talk about a couple of individual movers.

Deckers outdoors, surging 20% to a new 52-week high.

They reported third-quarter profit that topped analyst estimates.

We are also watching amazon.

Surging to a new all-time high.

Raymond james upgraded the stock to a strong buy after those great third-quarter numbers.

Retail is also the focus of today's sector report.

Five weeks until black friday but some are calling for a black november overall with deep discounts early to get rice conscious consumers to spend their cash.

For more, i want to bring in lindsay who covers the retail group.

Let's talk about the expectations for the entire holiday season.

What are some of the numbers you are hearing about, characterizations of the upcoming season?

We are hearing from a lot of people who do estimates that sales may increase marginally but it will not be a great holiday.

Some of the more bullish estimates are around a four percent increase from last year.

It is not clear if they will hit that.

What kind of air is will we see strength and weakness?

The past couple of quarters is a lot of weakness in apparel, people willing to spend on either ticket items.

Will that continue?

I think people are willing to spend when you get a value proposition.

Whether that is price or something high-quality, people are looking to invest in their homes, cars.

They are looking to buy a few bigger ticket items and maybe they have stopped their wardrobe.

Apparel will probably still struggle, but who knows.

You mentioned the value proposition.

That is one of the other things that has characterized the past few quarters, these deep discounts.

What kind of discounting could

This text has been automatically generated. It may not be 100% accurate.

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