Cyber Monday sales are expected to rise to at least $11.2 billion, with electronics, audio components, toys and exercise gear being top sellers. Read More...
TheStreet.com
Shopify Gets a Black Friday Lift, But Is It Temporary?
Shares of e-commerce platform Shopify are trading higher Monday on the heels of a busy Black Friday for their retailers. In our last review of SHOP on August 11 we wrote that “SHOP should be able to extend its gains on the upside, but keep a close trailing stop as I am nervous staying long for the broader market averages.” In the daily bar chart of SHOP, below, we can see that the shares receded from the middle of August and made a new low in October.
