'Fast Money' Recap: The Retail Blues

The Dow Jones Industrial Average reeled Thursday from troublesome sales numbers from Wal-Mart(WMT Quote) before regaining some ground.

At the close the Dow was off 27.74, or 0.31%, to 8742.42, while the S&P 500 rose 3.08, or 0.34%, to 909.73. The Nasdaq added 17.95, or 1.12%, to 1,617.01.

Jeff Macke, who has been long on Wal-Mart, said on CNBC's "Fast Money" TV said that unlike other retailers, he liked the company because it has not whined about variables such as weather, economy or gas prices.

Now, he said he's worried because Wal-Mart, which fell 7.5% today, has guided down twice this quarter, missed its sales estimate in December and bungled the Lee Scott transition. Scott is stepping down as CEO in February. ...