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WANT News and Press, Direxion Daily Consumer Discretionary Bull 3X Shares From 04/20/21

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Company Name: Direxion Daily Consumer Discretionary Bull 3X Shares
Stock Symbol: WANT
Market: NYSE

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WANT - To Solve Supply Chain Shortages, Pray For Rain In Taiwan

Taiwan accounts for approximately 65% of the world's semiconductor production, but the worst drought in 50 years is proving to be very challenging to semiconductor production, which requires a lot of water. Another industry crisis is expected to be the lithium battery shortage. Ma...

WANT - Perhaps Just One Word Absent From The Historic Consumer Splurge

Headline, total retail sales smashed upward by 30% year-over-year (not adjusted), only some of which, again, are due to the low comparison by way of March 2020 in decline. Seasonally adjusted, retail sales were almost 10% higher in March than they had been in (upward revised) February...

WANT - Retail Sales Surged To A Record High In March

Retail sales and food-services spending surged 9.8 percent in March, the second sharp jump in the last three months. Core retail sales, which exclude motor vehicle dealers and gasoline retailers, posted an 8.2 percent jump for the month, putting that measure at a new record high as we...

WANT - What The Latest U.S. Retail Trends Say About The Economic Reopening

Bruinsma: Seeing signs of life in mobility to retail and services. Bruinsma: Restaurant spending is higher than pre-pandemic levels. COVID-19 variants threaten to slow the re-opening. For further details see: What The Latest U.S. Retail Trends Say About The Economic Reop...

WANT - The Big 4: March Real Retail Sales Jumps 9.2%, All-Time High

Month-over-month nominal sales in March increased by 9.8%. Real Retail Sales increased by 9.2% and is at its all-time high. This indicator is a splicing of the discontinued retail sales series with the Retail and Food Services Sales and deflated by the seasonally adjusted Consumer...

WANT - When Will Consumers Cut The In-Store POS Cord?

For cord-cutters, the shift away from cable TV was more than just a shift away from "cable" or "satellite" - it was a break from a provider with a proprietary piece of hardware that consumers had to install and pay for to access programming. Retail's Digital Shifters are in the proces...

WANT - We Are Now Essentially In Economic Nirvana

All of the recent positive economic news caused the IMF to raise its 2021 U.S. GDP forecast by a giant step to 6.4% (from 5.1% previously estimated). That would represent the strongest annual economic growth rate since 1984. The one warning flag is inflation. Producer Price Index rose...

WANT - Commodities Rewired

The economic restart has lifted commodity prices. Beyond that, we see structural trends leading to a divergence of fortunes in different commodities. The International Monetary Fund has raised its global growth forecast to 6% in 2021. U.S. stocks hit record highs and yields traded bel...

WANT - What Is Next For Retail?

As economies emerge from pandemic restrictions, consumers are shifting spending from goods to more travel and dining out. While there are reasons for optimism, a long-term economic boom is still very much a question. Blu Putnam and Erik Norland discuss the prospects for a 2020s ec...

WANT - How A 'Family' Hedge Fund Hurt Many Big Banks

On March 25, the Archegos Hedge Fund asked firms handling its capital swaps to develop a strategy to liquidate its holdings, which is why many Chinese ADRs and media stocks sold off violently. The Archegos Hedge Fund fiasco is due largely to the fact that many big Wall Street firms di...

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