WANT News and Press, Direxion Daily Consumer Discretionary Bull 3X Shares From 12/21/20

The economic recovery that arises from COVID vaccination will bring relief to some retailers, but what about those whose sales grew during the pandemic? Will they enjoy permanently higher sales, or return to normal, or will they learn that their 2020 sales gains were simply borrowing ...

Retail sales fell 1.1% M/M in November during a month that saw many Black Friday shopping events pushed to earlier on the calendar in a pandemic adjustment which impacted the month-to-month comparison. Retail sales actually rose 4.1% on a Y/Y comparison. After stripping out auto and gas, reta...

Oppenheimer throws some gloom on top of what has been generally positive forecasts for holiday retail sales, although investors with a longer time frame are seen having an opportunity to take advantage. Analyst Rupesh Parikh: "With growing COVID-19 infections and state-specific restrictions s...

The National Retail Federation says it saw the expected shift to digital by consumers during the Black Friday to Cyber Monday shopping period, For the first time ever, the number of online shoppers on Black Friday topped 100M and was 8% higher than a year ago. Overall, there were 186M shopper...

Navigating the holiday season during the COVID-19 pandemic is sure to heighten anxiety levels for retailers and consumers alike in 2020. But US consumers have found a way to spend money amid the chaos and retail has been a key beneficiary of a widespread shift in spending from service...

Many retailers are hoping that this year's Black Friday/holiday promotions will help them back into the black. Currently, many retailers are promoting new item-level markdowns, to give shoppers first dibs on merchandise they've had their eyes on. What's surprising is the amount of...

The National Retail Federation held a holiday sales call this morning. The outlook for the holiday season is bright. The NRF notes that consumers have been engaged at a strong rate this year during prior holidays, which it takes as a good sign. The early start to the holiday season is seen as...

According to the Verizon Business Retail Trends Report, online retailers are booming as COVID-19 restrictions led to an increase in online shopping this holiday season.As per the National Retail Federation ((NRF)) first week of November 2020 shows 82% Y/Y increase in data traffic. 20% fewer p...

Retail sales rose for the sixth month in a row in October, with sales significantly better than the same time a year ago with some holiday shopping pulled forward.Retail sales were up 10.6% Y/Y during the month after the gas, auto dealers and restaurant categories were stripped out."Consumers...

U.S. retailers are getting ready to report Q3 2020 earnings. The Refinitiv U.S. Retail and Restaurant Q3 earnings index is expected to decline by -13.8%. When looking at the earnings growth rates for Q3 for the 206 retailers tracked by Refinitiv, the Leisure Products and Internet ...