PASS News and Press, Direxion Daily Consumer Discretionary Bear 3X Shares From 12/10/19

Originally published on December 6, 2019 By OpenMarkets Realizing what drives consumer confidence will help in understanding the full effect on the market. Aside from weekly retail numbers and economic releases such as the Purchasing Managers Index, Jack Bouroudjian says there a...

Consumer discretionary stocks are underperforming the broad market today as trade news wipes away some of the good cheer from a strong Black Friday to Cyber Monday sales performance. The damage is being tied to a comment by President Trump that a trade deal could wait until after the 2020 el...

The two sectors highlighted in heavy black borders are the sectors which are seeing higher estimated earnings growth revisions of late, or at least in the case of the Consumer Discretionary sector, higher estimates of growth rates over the last 60 days. This Bespoke chart just above (from th...

Early reads on Cyber Monday indicate that consumers are spending heavily as anticipated. More news on: Consumer Discretionary Select Sector SPDR ETF, SPDR S&P Retail ETF, Vanguard Consumer Discretionary ETF, Consumer stocks news, News on the U.S. economy, News on ETFs Read more ... ...

The biggest shopping weekend of the year is here and 165.3M Americans are planning to shop or are considering shopping during the holiday, according to the National Retail Federation. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Va...

By Jharonne Martis Black Friday - the day after the U.S. Thanksgiving holiday - is one of the most critical retail sales days during the holiday season, and for some it can make or break their fourth-quarter profits. Supposedly, it turns red ink into black on the ledgers. Retailers have ...

Adobe Analytics forecasts holiday sales rose 15% from November 1 to November 26 in comparison to a year ago as a much higher percentage of shoppers took advantage of early deals. More news on: Amazon.com, Inc., Target Corporation, Walmart Inc., Consumer stocks news, News on ETFs Read mo...

I have been warning of a peak in the markets and a continued capital shift in the global economy that continued to push the NASDAQ and Dow towards new all-time highs while the foundations of the global markets continued to weaken. I authored dozens of research posts regarding this phenomenon...

Retail store stocks are getting pulled in two different directions after Target ( TGT +13.3% ) dazzled with its earnings report and guidance, while Urban Outfitters ( URBN -14.3% ) disappointed. More news on: Target Corporation, Urban Outfitters, Inc., Dollar General Corporation, Consu...

One monthly result does not make a trend. Two? Still not a trend, but edging closer to one and more solid analysis. If making a claim based off the potential for one high frequency result is going out on a limb, then a second result confirming the first while not yet solid ground is at least a...