PASS News and Press, Direxion Daily Consumer Discretionary Bear 3X Shares From 09/04/20

If I could, I would, but I can’t, so I won’t. - Anonymous Long-standing subscribers of The Lead-Lag Report will acknowledge the significance I attach to the health of the U.S. consumer while gauging broad economic conditions as it accounts for two thirds of the economy. Ret...

Retail giants are setting strategies for a holiday season expected to be unlike any other. More news on: Target Corporation, Best Buy Co., Inc., Kohl's Corporation, News on ETFs, Read more ...

Ecommerce retail sales jumped 44% in the second quarter 2020, compared to a year earlier, to $201 billion, not seasonally adjusted, according to the Commerce Department Tuesday. On a seasonally adjusted basis, ecommerce sales hit $211 billion. In dollar terms, the jump of $62 billion compare...

The SPDR S&P Retail ETF ( XRT +0.5% ) is a mild outperformer after retail sales came in solid for July in comparison to expectations. More news on: SPDR S&P Retail ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Discretionary ETF, Consumer stocks news, New...

The COVID-19 crisis has had tremendous implications on how consumers spend their money. Anthony Okolie speaks with Juliana Faircloth, Global Consumer Staples Analyst, TD Asset Management, on the changing spending habits of baby boomers, millennials and Gen Z and the implications for inves...

By Jharonne Martis Retailers are getting ready to report Q2 2020 earnings. As they continue to navigate through uncharted territory, some are in financial distress while those with a solid omnichannel strategy are seeing strong double-digit e-commerce growth. E-commerce platforms kept re...

NEW YORK , July 27, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily S&P Biotech Bear 3X Shares, Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily Communication Services Index Bear 3X Share...

Retail sales is the third report for June out of the four main coincident indicators that show whether the economy is in recession or expansion. And they were the third that grew again for the month. In fact, in real, inflation-adjusted terms, they were higher than in February, the last month ...

By Jill Mislinski The Census Bureau's Advance Retail Sales Report for June was released this morning. Headline sales came in at 7.5% month-over-month to one decimal and was above the Investing.com forecast of 5.0%. Core sales (ex Autos) came in at 7.31% MoM (to two decimals). Here is the...

By Robert Hughes Retail sales and food services spending posted another strong gain in June, rising 7.5 percent from the prior month following an 18.2 percent record surge in May and two devastating declines in March and April. The gains likely reflected the continued easing of restriction...