RECORD RALLY. MAKE OR BREAK SEASON FOR RETAIL. FROZEN FIRE.
David Faber and Jim Cramer breakdown the record rally on the first trading day of December. Stocks looking to maintain their upward momentum following their best monthly performance since June. And it’s the moment for retail. According to Adobe analytics, online shoppers spent $7.4 billion on Black Friday, marking the second largest online shopping day ever. The firm is estimating cyber Monday sales of $9.4 billion. Disney’s “Frozen 2” takes the box office by storm setting a Thanksgiving holiday record taking in $123.7 million in North American ticket sales.
