PASS News and Press, Direxion Daily Consumer Discretionary Bear 3X Shares From 06/17/20

Retail Sales are reported higher by ~18%, well ahead of expectations, and equity markets are higher in response. Personal Income spikes due to government income replacement during the COVID-19 shutdown. We can trust that Personal Income which is April's data will return to trend and that Real ...

Musings May’s risk-on environment baffled many (and again caused soul searching amongst dividend and value investors. How long can factors (which has proven to create alpha over long stretches of time) continue to lag the market? As John Maynard Keynes aptly phrased it, ȁ...

Many restaurants will not survive the lockdown phase of the coronavirus pandemic. The Souplantation/Sweet Tomatoes chain has shut down for good. Some restaurants will try to reopen but not last very long. Other small businesses, such as gyms and yoga studios, will permanently close as well. A...

Anthony Okolie recaps the news of the day including the latest COVID-19 updates, followed by a conversation with Anita Bruinsma, Consumer Discretionary Analyst, TD Asset Management, about the latest trends that will shape the future of retail in North America and around the world. Ori...

By Jharonne Martis Sixty seven percent of companies in our Retail/Restaurant Index have reported Q1 2020 EPS. Of the 143 companies in the index that have reported earnings to date, 59% have reported earnings above analyst expectations, 2% reported earnings in line with analyst expectations...

By James T. Tierney, Jr., Anna Toshach Economic fallout from the coronavirus pandemic has battered a US retail industry already experiencing seismic change. But companies with effective, multichannel consumer models in place before the crisis will compound these advantages on the other sid...

Retail sales plummeted 16.2% on a month-to-month comparison, and were off 16.0% year-over-year in April after backing out the auto and gas categories. More news on: Amazon.com, Inc., Wayfair Inc., Etsy, Inc., Consumer stocks news, Top stock market news, News on ETFs, Top Breaking stock new...

I’ve been looking at this chart a lot over the past few weeks. It shows us that print ad budgets were doing just fine all the way though the first decade or more of the consumer internet. There was even a little spike upward for the Dotcom bubble. Then the financial crisis and r...

By Jharonne Martis. Retailers are getting ready to report Q1 2020 earnings. As they navigate through uncharted territory, many are withdrawing their earnings guidance. The coronavirus pandemic has also prolonged retail store closures all over the world. However, some U.S. states are reopen...

The COVID-19 pandemic is having a significant impact on consumer behaviour. Anthony Okolie speaks with Anita Bruinsma, Consumer Discretionary Analyst, TD Asset Management, about how COVID-19 is affecting retailers as consumers are shopping more online. Original Read more ...