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SZK News and Press, ProShares UltraShort Consumer Goods From 06/29/20

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Company Name: ProShares UltraShort Consumer Goods
Stock Symbol: SZK
Market: NYSE

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SZK - Consumers Are Spending Again As Lockdown Ends

The big worry Or rather the small worry for I was really very sure indeed it wasn't going to happen. Anyway, to get to the predictions on an L shaped recovery - one where we don't bounce back at all - it was necessary that consumers just didn't go out and start spending their money when the ...

SZK - Retail sales fall back in early June read

Redbook Johnson reports chain store sales are down 1.4% M/M in June so far and decreased 6.1% Y/Y for the week ending June 20. More news on: Consumer Discretionary Select Sector SPDR ETF, SPDR S&P Retail ETF, Vanguard Consumer Discretionary ETF, Consumer stocks news, News on ETFs, ...

SZK - E-commerce retail sales up 11.8% in Q1

Q1 E-Commerce Retail Sales : +2.4 % Q/Q vs. +2.6%  in Q4. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, News on the U.S. economy, News on ETFs Read more ...

SZK - Pockets of strength amid record drop in retail sales

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...

SZK - U.S. Consumer Spending Preview: Q1 2020

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...

SZK - Weekly Data Portend Weak Retail Sales

Originally published on April 14, 2020 By Robert Hughes Weekly retail same-store sales data from Johnson Redbook reflect the collapse in retail spending as a result of the COVID-19 outbreak. For the week ending April 11, the Redbook same-store sales index tumbled 8.3 percent from the p...

SZK - Retailers Fight For Survival During COVID-19 Pandemic

By Jharonne Martis The worldwide COVID-19 pandemic has caused many retailers to close their physical stores, causing a sudden increase of excess inventory. Nike (NKE) alone saw an inventory spike of 7% in the fiscal quarter ending February 2020. Retailers are turning to different measures ...

SZK - First Clear Evidence Of Coronavirus Impact In High Frequency Consumer Data

Introduction I have been saying for the past few weeks that the news would outrun the data. That being said, the impact of the coronavirus would first show up in the weekly high frequency indicators. Chain store sales show stockpiling This morning, we got two important reads on chain s...

SZK - Retail starts to crack under coronavirus pressure

Cowen warns that the pain in retail isn't just a short-term fear factor that will evaporate easily. More news on: Walmart Inc., Target Corporation, Costco Wholesale Corporation, Consumer stocks news, Stocks on the move, News on ETFs Read more ...

SZK - E-commerce retail sales up 2.6% in Q4

Q4 E-Commerce Retail Sales : +2.6 % Q/Q vs. +4.6%  in Q3. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, News on the U.S. economy, News on ETFs Read more ...

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