Previous 10 | Next 10 |
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...
The COVID-19 pandemic is having a significant impact on consumer behaviour. Anthony Okolie speaks with Anita Bruinsma, Consumer Discretionary Analyst, TD Asset Management, about how COVID-19 is affecting retailers as consumers are shopping more online. Original Read more ...
By Robert Hughes Retail sales and food-services spending plunged 8.7 percent in March following a 0.4 percent drop in February. Excluding the volatile auto and energy categories, core retail sales and food services were down 3.1 percent in March after a fall of 0.2 percent in February. Ove...
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...
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 ...
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 ...
By Ansh Chaudhary The ETF Deathwatch decreased in size in February. Four exchange-traded products ("ETPs") were added to the list, and 35 funds were removed. Twelve of those funds were removed due to increased health and 23 were due to asset managers closing their funds. The major U.S. equ...
As I often note when commenting about consumer related data, the consumer is important due to the fact they account for 70% of economic activity in the U.S. With the current economic cycle the longest on record, the consumer continues to show strength and remain in good financial shape. And ...
The stock market is becoming increasingly disconnected from underlying main street reality. Corporate profits have been declining since the third quarter of 2018. However, pre-tax corporate profits have been declining since Q3 2014 (this data is available on the St. Louis Fed FRED website). Re...
Real retail sales continue flat in January; production sector still in recession Retail sales increased nominally by +0.3% in January, while December was revised downward by -0.1%, for a net gain of +0.2%. Since consumer inflation increased by +0.4% during those two months, real retail sal...
News, Short Squeeze, Breakout and More Instantly...
Direxion Daily Consumer Discretionary Bull 3X Shares Company Name:
WANT Stock Symbol:
NYSE Market:
2024-07-15 11:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-15 15:48:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-25 02:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...