CLIX News and Press, ProShares Long Online/Short Stores From 05/18/22

DoorDash is now lapping tough pandemic comparables with growth decelerating rapidly from the triple-digit level just several quarters back. The company is moving beyond delivering just food which substantially increases its growth runway. Net cash makes up more than 16% of the mar...

Today marks the unofficial start of the holiday shopping season as investors size up Black Friday to determine the current mood of the U.S. consumer. While fears of a new COVID variant are overshadowing the shopping bonanza, many consumers will still be looking around for bargains. A variety ...

Holiday shopping trends are are on track to make a comeback this year, with 158.3M people (nearly 2M more people than last year) expected to shop from Thanksgiving Day through Cyber Monday. That's according to the latest report from the National Retail Federation, which estimates consumers wi...

Retailers have outperformed in 2021 due to a unique mix of factors. They face some significant challenges in 2020 so investors should consider taking profits or even betting against the sector with this ETF. One interesting development in 2021 has been the outperformance of retailers who...

The Census Bureau, on Thursday, released its estimates for retail sales. Most pay attention only to the seasonally adjusted version, which was surprisingly positive for August 2021. It was widely expected sales would continue to fade, another monthly move downward nonetheless as the l...

Total retail sales - not adjusted for inflation, now a big factor - inched up 0.7% in August from July, to $619 billion (seasonally adjusted), up a stunning 18% from two years ago and 15.1% from a year ago. This wasn’t a proper “rebound,” as it has been widely cal...

The current slowdown was telegraphed by the bond market, and we’re now in the midst of it. There are any number of reasons to think the economy will just keep fading all the way back to the pre-COVID trend of about 2%. I don’t see any reason to believe we are near recess...

Main Street businesses are those that operate a physical storefront up and down the main streets and side streets of cities and towns all over the world. More than 60 percent of the Main Street businesses that also sell online and use third-party aggregators say that their overall sal...

The 10-year Treasury yield declined a bit during the Afghanistan crisis, so all eyes are now on the Fed to see how new realities will impact monetary policy. The Fed released its latest FOMC minutes, which revealed a disagreement within the FOMC about when QE tapering will begin. On T...

The Wall Street Journal announced that Amazon plans to open “Large Retail Locations Akin to Department Stores”. This news comes at the heels of the latest e-commerce report from the Census Bureau posting record sales of $225 billion in the second quarter of 2021. Dep...