|Bid||28.0600 x 1300|
|Ask||28.1500 x 1300|
|Day's Range||28.02 - 29.49|
|52 Week Range||26.56 - 53.31|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||2.94|
|Expense Ratio (net)||0.99%|
This is the time of year when retail stocks and the related exchange traded funds receive additional attention. For aggressive, risk-tolerant traders, the Direxion Daily Retail Bull 3X ETF (RETL) should be part of that conversation. RETL, the dominant name among leveraged retail ETFs, looks to deliver triple the daily performance of the equally-weighted S&P Retail Select Industry Index.
Christmas came early for retailers as a strong showing in sales during Thanksgiving, Black Friday and Cyber Monday gave retail-focused exchange-traded funds (ETFs) a boost, including the Direxion Daily Retail Bull 3X ETF (RETL), which was lifted past its 200-day moving average. Based on Yahoo! Finance performance figures, RETL is up 3.05% year-to-date and 51.60% the past year. In the last 5 days, RETL moved past its 200-day moving average with a tailwind of strong Black Friday sales amounting to a record $6.22 billion, according to Adobe Analytics.
A strong holiday shopping season is being predicted for 2018, with analysts at brokerage firm Edward Jones calling for a 5% increase in sales from last year, down slightly from the 5.6% year-over-year (YOY) growth rate posted in 2017, but still above the 5-year average, Barron's reports. More good news for retailers in 2018: inventories look lean, there's an additional shopping day before Christmas compared to 2017, and investments in ecommerce initiatives by brick-and-mortar stores appear set to pay off. Another Barron's article suggests that investors consider these 9 retail ETFs: Amplify Online Retail ETF ( IBUY), Direxion Daily Retail Bull 3X Shares ( RETL), First Trust Nasdaq Retail ETF ( FTXD), Invesco Dynamic Retail ETF ( PMR), ProShares Decline of the Retail Store ETF ( EMTY), ProShares Long Online/Short Stores ETF ( CLIX), ProShares Online Retail ETF ( ONLN), SPDR S&P Retail ETF ( XRT), and VanEck Retail Vectors ETF ( RTH).
With the holiday shopping season here, traders may be tempted to consider consumer discretionary and retail exchange traded funds (ETFs). RETL tries to deliver triple the daily returns of the S&P Retail Select Industry Index (SPSIRETR), an equal-weight collection of a variety of retailers. While RETL tumbled more than 6 percent on Friday, the leveraged retail ETF is still up more than 10 percent this month, making it one of Direxion's better-performing leveraged bullish funds to start November.
The latest data from the Commerce Department revealed that September saw a mild rise in retail sales, edging higher by 0.1%--a 0.6% rise was forecasted by a Reuters poll of economists, but with holiday season looming, is the Direxion Daily Retail Bull 3X ETF (RETL) in play? The biggest retail ETFs based on total assets have struggled the past month-- SPDR S&P Retail ETF (XRT) , Amplify Online Retail ETF (IBUY) and VanEck Vectors Retail ETF (RTH) . Retailers like Target are raising its seasonal hires by 20%, while online retailers like Amazon expect to employ 100,000 workers.
As the decline of brick-and-mortar stores continues to make headlines, online retail growth is booming around the world. Consumer spending is now happening online more than ever before as traditional retailers ...
In a world where online shopping is a dominant force in retail, the sector has been an unlikely source of fuel for the transportation sector as evidenced in the correlation between the Direxion Daily Retail Bull 3X ETF (RETL) and the Direxion Daily Transportation Bull 3X Shares ETF (TPOR) . A tailwind of positive economic data from the Commerce Department with retail sales increasing by 0.5% in July has helped to propel the retail sector through the beginning of the third quarter. Retail ETFs like RETL have been the beneficiaries of an extended bull market where consumers are more apt to open their wallets. With investor exuberance ready to hop on board the retail ETF train, RETL experienced $14 million in inflows since the beginning of the third quarter. Based on Yahoo! Finance performance figures, RETL is up 23.72% year-to-date and 59.26% the past year.
The retail sector has been spurred by a tailwind of positive economic data from the Commerce Department with retail sales increasing by 0.5% in July--more than anticipated, which signals that the economy is full steam ahead in the third quarter thus far. Retail ETFs are posed to gain, but with three times the leverage, Direxion Daily Retail Bull 3X ETF (RETL) could turn a downtown window shopping stroll into a full-on spending spree for retail investors. Based on Yahoo! Finance performance figures, RETL is up 23.72% year-to-date and 59.26% the past year.
As summer vacation draws to a close, it’s back to pencils, books and teachers’ dirty looks for many students, which bodes well for retail ETFs looking to capitalize on a busy back-to-school shopping season. ...
Last year, traditional retailers were being left for dead. While myriad issues, not the least of which is the competitive threat from e-commerce, still linger for brick-and-mortar retailers, price action ...
The Census Bureau releases a monthly report on retail sales in the United States. The report is an early estimate of the sales for the surveyed month.
“Nearly half (47%) of parents say they expect to spend between $101 and $300 per child on back-to-school shopping,” according to the Coinstar Back-to-School Survey. A brisk back-to-school shopping season could lift the already resurgent Direxion Daily Retail Bull 3X Shares (NYSE: RETL), the most popular leveraged exchange traded fund dedicated to the retail sector. RETL attempts to deliver triple the daily returns of the S&P Retail Select Industry Index.
Thanks to heightened volatility and uncertainty, the leveraged and inverse leveraged space have grabbed maximum investor attention in June.
The United States Census Bureau releases a monthly report on retail sales in the United States. As per the notes on the bureau’s website, it conducts an advance monthly survey of retail trade and food services companies. According to the latest report, which was released on June 14, advance estimates of US retail (XRT) and food services sales for May were $502.0 billion, an increase of 0.8% from the revised April reading of $497.9 billion.
The momentum that Wall Street enjoyed last month continues into June. This is especially true as Dow Jones recorded its biggest weekly gain since March to start the month, while S&P 500 and Nasdaq logged their third straight weekly gain. The Dow jumped 2.8% last week while the S&P 500 and the Nasdaq added 1.6% and 1.2%, respectively.Source: Shutterstock
It's not the end of brick-and-mortar retailing. Omnichannel retailing has been propelling the sector and should boost these ETFs.
What’s making small-cap retail attractive? There are a whole list of factors that have driven these stocks to levels that traditional value people and deep value people would look at. The valuations have been driven down primarily by a lack of ...
The US Census Bureau releases a monthly report on retail sales in the United States. As per its website, the Census Bureau conducts an advance monthly survey of retail trade and food services companies. The April retail sales report indicated that the gains were broad-based with nine of the 13 major categories moving higher during the month.
The US Census Bureau, which releases a monthly report on US retail sales, conducts an advance monthly survey of retail trade and food service companies to establish an early estimate of sales for the month. According to the April 16 report, advance estimates of US retail (XRT) and food services for March 2018 were $494.6 billion, an increase of 0.6% from the revised February reading of $491.8 billion.
After scuffling for much of this year, traditional brick-and-mortar retailers soared in advance of the holiday shopping season, a jump that was confirmed Tuesday with some bullish retail data. “MasterCard's ...