FTXD News and Press, First Trust Nasdaq Retail ETF From 11/08/21

While gold has bounced, rallying 4% from the fall low, it remains stuck in a range, between $1,750 an $1,850 an ounce. Since the early spring gold’s correlation with U.S. equities has been around 0.4, well above the levels that prevailed last summer. While rising adaptation...

Despite short-term headwinds, this Retail Apocalypse winner’s high-touch customer service and expansive store network position it for continued success. Best Buy’s share of U.S. ecommerce sales doubled from 1.2% in 2018 to 2.5% in 2020. Best Buy compliments its brick...

Further to my comments in inventory build belies shortage hype, those in the business of selling the highest fee investment products also are interested in predicting rising prices to encourage buyers. It is also not surprising that cryptocurrency proponents (like Jack Dorsey and othe...

This retailer is positioned well to grow its top and bottom lines over the long term, but the stock is priced as if profits will fall below pre-pandemic levels. With a store within five miles of 75% of the U.S. population, Dollar General offers many millions of consumers convenience a...

The port bottlenecks and supply shortages have caused goods shortages. Though, for proof that the supply chain disruption is not damaging the economy much, look no further than Friday’s report that retail sales rose 0.7% in September - a huge positive surprise, since economists wer...

The reality of the continuing pandemic has slowed the economic recovery and is reflected in new patterns of spending. People didn’t stop spending during the pandemic. It still remains to be seen if there will be enough of a shift from spending on goods to services to help e...

Fernandes: U.S. retail sales in June 2020 were already higher than in December 2019. Fernandes: US consumer is in a much better position than they were in 2008. Fernandes: We see a potential slowdown in China as a potential risk to the U.S. corporate earnings outlook. For fu...

Sales of new single-family homes posted a small gain in August, increasing 1.5 percent to 740,000 at a seasonally-adjusted annual rate from a 729,000 pace in July. Despite the gain, sales are down 24.3 percent from the year-ago level and are 25.5 percent below the 993,000 pace in Janu...

First Trust Nasdaq Retail ETF (NASDAQ:FTXD) - $0.1042. 30-Day SEC Yield of 0.44% as of Aug. 31. Payable Sep 30; for shareholders of record Sep 24; ex-div Sep 23. For further details see: First Trust Nasdaq Retail ETF declares quarterly distribution of $0.1042

The Covid-19 Delta variant continues to trigger shifts in consumer sentiment, and this is reflected in retail sales and earnings results. The latest U.S. retail sales numbers show that the strongest spending happened at non-store retailers, suggesting that consumers are still gravitat...