PASS News and Press, Direxion Daily Consumer Discretionary Bear 3X Shares From 02/16/20

By Jharonne Martis The coronavirus crisis in China has added new concerns for U.S. retailers. First, it was the tariff war, now it's the infectious disease that has affected tens of thousands, prolonged store closures in China and affected retailers' revenue. The outbreak has put pressur...

By Jill Mislinski The Census Bureau's Advance Retail Sales Report for January was released on Feb. 14. Headline sales came in at 0.26% month-over-month to one decimal and were at the Investing.com forecast. Core sales (ex Autos) came in at 0.29% MoM (to two decimals). Here is the introdu...

Jefferise thinks consumer discretionary stocks will outperform staples this year off a favorable macroeconomic backdrop and increase in the gap between Treasury yields and dividend yields. More news on: Starbucks Corporation, Energizer Holdings, Inc., Eldorado Resorts, Inc., Consumer stock...

By Jharonne Martis Looking back at the decade of the "teens," a significant number of U.S. retailers closed their doors, while others consolidated. Traditional retailers have been struggling. Spending has shifted to online retailers, local and organic businesses and groceries, and shoppers...

U.S. consumers are setting more holiday shopping set records, as job growth and fatter wallets, along with stronger household finances, have put many in a buying mood this season. More news on: Walmart Inc., Amazon.com, Inc., Costco Wholesale Corporation, Consumer stocks news, News on the ...

By Jill Mislinski Note: With the release of November Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably va...

By Robert Hughes Retail sales and food-services spending increased 0.2 percent in November following a 0.4 percent gain in October. Excluding gasoline station sales, retail sales and food services were up 0.1 percent in November after a gain of 0.7 percent in October. Over the past year, t...

By Robert Hughes The small-business-optimism index from the National Federation of Independent Business rose to 104.7 in November, up 2.3 points from 102.4 in October, and it is now 4.1 points below the all-time high of 108.8 in August 2018. The latest result extends a run of 36 consecutiv...

The disappointing retail sales print was highlighted by weakness across the furniture stores, health/personal care stores, sporting goods stores and department store categories. More news on: Amazon.com, Inc., Target Corporation, Consumer Discretionary Select Sector SPDR ETF, News on the U...

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...