CLIX News and Press, ProShares Long Online/Short Stores From 09/10/20

Amazon (AMZN) turns 25 next year - a striking reminder that the e-commerce industry is no longer in its infancy. Yet, despite decades of growth, we believe e-commerce still has ample opportunities to expand, and 2020 is giving us a glimpse of that growth potential. E-commerce has become the de...

E-commerce growth accelerated to +70% Y/Y for the week ended August 15 from +68% for the week prior, according to Bank of America credit and debit card data. More news on: Amazon.com, Inc., Wayfair Inc., Kohl's Corporation, Tech stocks news, Consumer stocks news, News on ETFs, Read mor...

Ecommerce retail sales jumped 44% in the second quarter 2020, compared to a year earlier, to $201 billion, not seasonally adjusted, according to the Commerce Department Tuesday. On a seasonally adjusted basis, ecommerce sales hit $211 billion. In dollar terms, the jump of $62 billion compare...

E-commerce growth for the week ended August 1 rose 71% Y/Y, per aggregated Bank of America credit and debit card data. The mark is consistent with the Q3 growth being seen in the prior few weeks. More news on: Amazon.com, Inc., Wayfair Inc., Shopify Inc., News on ETFs, Read more ...

Average analyst S&P 500 forecasts and S&P history Factoids: 2020 operating earnings: -21.1% and revenue: -3.7% 2021 operating earnings: +28.0% and revenue: +8.4% Net effect (2021 vs 2019): 2-year earnings about 1% higher and revenue about 4% higher. Standard & Poorȁ...

The three best-performing ETFs include cloud computing (WCLD), a biotech-oriented ETF (ARKG), and a long online retail/ short physical retail ETF (CLIX). These are also representative of the major shifts in the economy so far this year. We already know that 2020 is going to be a year that&...

By Jill Mislinski The Census Bureau's Advance Retail Sales Report for June was released this morning. Headline sales came in at 7.5% month-over-month to one decimal and was above the Investing.com forecast of 5.0%. Core sales (ex Autos) came in at 7.31% MoM (to two decimals). Here is the...

By Robert Hughes Retail sales and food services spending posted another strong gain in June, rising 7.5 percent from the prior month following an 18.2 percent record surge in May and two devastating declines in March and April. The gains likely reflected the continued easing of restriction...

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Nike (NKE) posted its lowest quarterly sales in two years, along with a $790 million quarterly loss, when it reported its Q1 2020 earnings in late June. A key driver of the results was a 50 percen...

On the latest edition of Market Week in Review, Senior Quantitative Research Analyst Abraham Robison and Senior Client Investment Analyst Chris Kyle discussed the U.S. Federal Reserve's (the Fed) recent announcement on corporate bond purchases, the latest macroeconomic data and the outlook for...