PEJ News and Press, Invesco Dynamic Leisure and Entertainment From 10/26/20

There's a good chance that the market keeps trending higher in 2020. We have a dovish Fed, an economic recovery, and some meaningful signs that manufacturing is going to start picking up momentum. ARKG, XLB, and PEJ are three ETFs that investors should consider buying. 2020 has been a his...

PEJ gives investors exposure to the leisure and entertainment industries which could have a stronger than estimated recovery. In 2019, total U.S. restaurant sales were $ 668.9 billion, and I forecast that it will be $ 565.6 bn this year. Analysts believe that PEJ's earnings per sh...

With the release of September Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales. Month-over-month nominal sales in September increased by 1.91%. Real Retail Sales, calculated with the seasonally adjusted Consumer Price...

Retail sales and food-services spending posted a strong gain in September. The September gain was the fifth in a row. Core retail sales, which exclude motor vehicles and gasoline retailers, posted a 1.5 percent gain for the month. Unit vehicle sales, reported earlier in the mo...

Management and directors at Hersha Hospitality (HT) have purchased 434,729 shares in 2020 at an average cost of $8.27/share. There have been NO sales. During the Financial Crisis in 2008-10, the same management combined to purchase 549,177 shares at an average cost of $3.39/share. ...

Industrial production has a 100-year-plus record of measuring the production side of the economy. Similarly, retail sales have a 70-year-plus record of measuring the consumption side of the economy. In September, both surprised, as production failed to confirm leading indicators a...

US retail sales are incredibly strong, rising 1.9% month-on-month versus 0.8% consensus. Strength was broad based with 12 out of 13 categories reporting a rise. Nonetheless, we shouldn't take too much away from what was a very good report, which saw sporting goods up 5.7%, health ...

Among the largest names in retail, as represented by the MVIS U.S. Listed Retail 25 Index, the differences between winners and losers this year is dramatic. The difference separating many of the names into winners and losers is their ability to leverage not only ecommerce, but all cha...

Retail sales climbed back to record levels in June and continued to grow in July and August - despite painful levels of unemployment and income loss. But the good times will not last much longer: The massive government income support programs that funded consumer spending are ending, ...

By Jill Mislinski Note : With the release of August 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 ...