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Direxion Daily Retail Bullish 3x ETF (RETL)

- NYSEARCA
  • Fri, Apr. 24, 8:44 AM
    • Is the retail rally over? After a 10-month period in which the SPDR S&P Retail ETF (NYSEARCA:XRT) outperformed the S&P 500 by 1.2K basis points, since April 2 the XRT has underperformed by 270 basis points - off 0.4% as the S&P 500 has added 2.3%.
    • The reversal comes alongside a major bounce in oil, up more than 30% since bottoming in mid-March. The thinking isn't too complicated - falling oil prices put more money in consumers pockets to spend at places like Wal-Mart, and surging oil prices is pulling money out.
    • As it turns out though, consumers didn't spend as much of the saved money as thought, with core retail sales shy of estimates for the last four months, and the savings rate hitting its highest level since December 2012.
    • Source: Bloomberg
    • Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, IYC, FXD, PEJ, FDIS, RHS, FSTA, SCC, UCC, RCD, PMR, PEZ, UGE, PSL, PSCC, PSCD, SZK
    | Comment!
  • Tue, Apr. 21, 11:37 AM
    • In the case of eight of the leveraged funds, the share prices have gotten too cheap and reverse splits are necessary: BRZU, YANG, GASL, MIDZ, LBJ, RUSS, SOXS, TECS. The first three ETFs are slated for 1:10 reverse splits, and the last five 1:4.
    • For the other 11 leveraged funds, the share prices have gotten too pricey: MIDU, INDL, CURE, RETL, SOXL, FAS, TECL, SPUU, MDLL, SMLL, SYTL. All are 4:1 splits, except SYTL which is 2:1.
    • All will begin trading on a post-split basis on May 20.
    • Source: Press release
    | 2 Comments
  • Tue, Apr. 21, 9:05 AM
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  • Tue, Apr. 14, 10:13 AM
    • Retail sales could see a larger impact from tax refund spending this year, according to ICSC.
    • 66% of U.S. consumers expect a refund this year from Uncle Sam.
    • 47% of consumers polled said they would use the money to buy goods and services, while only 17% planned to use the refund to pay down debt.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, PEZ, PSCD
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  • Tue, Apr. 14, 9:05 AM
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  • Mon, Apr. 13, 4:53 AM
    • U.S. consumer stocks have been flying off the shelves, as tumbling oil prices boost Americans' spending power, but some investors are beginning to suffer from sticker shock.
    • Consumer discretionary stocks in the S&P 500 have risen 18.8% in the last six months, outpacing the 10.3% gain in the broader S&P 500, and the segment recently displaced healthcare as the most widely owned sector among stock pickers, according to Bank of America Merrill Lynch.
    • The rally still has some analysts and portfolio managers worried due to elevated valuations and increasing oil prices over the last month is also raising concerns.
    • ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    | Comment!
  • Wed, Apr. 8, 11:22 AM
    • Imports to West Coast ports are expected to increase 8% Y/Y in March as the backlog over the last few months is cleared.
    • The return to normalcy should help retailers which were forced to take on extra shipping costs amid the dispute between the Pacific Maritime Association and the International Longshore and Warehouse Union.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
    | Comment!
  • Tue, Apr. 7, 5:21 PM
    • Clothing and accessory sales fell 1.1%, according to a report from Euclid Analytics.
    • The category trailed the 2.9% growth seen for general merchandise.
    • An earlier Easter this year provided a boost to March sales.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
    | Comment!
  • Tue, Mar. 31, 9:43 AM
    • Economists don't seem fully convinced that weather is behind the slower-than-anticipated pace of spending on goods and services for the first part of 2015.
    • Most have lowered Q1 GDP estimates without necessarily calling for a spring sales bounce.
    • Despite some indications consumer confidence has improved and a stronger job environment, consumers have increased their level of personal savings instead of spending in droves.
    • The weather excuse will get its test when April numbers start coming in.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    | Comment!
  • Fri, Mar. 27, 10:29 AM
    • Shares of Kirkland's (KIRK +5.3%) are higher after Piper Jaffray comes in with an upgrade on the retailer to Overweight from Neutral.
    • The upgrade follows a similar action from the investment firm on Conn's.
    • Retail analysts have noted the out-performance of the S&P Retail ETF (NYSEARCA:XRT) vs. broad market averages over the last month has been aided by some beat-up or lesser-known specialty names gaining favor.
    • ETFs: XLY, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, UCC, PMR, RCD
    | Comment!
  • Thu, Mar. 12, 8:44 AM
    • Retail sales grew only 1.7% Y/Y to trail the pace forecasts by economists.
    • The drop in sales from January was influenced in part by weather, although a higher-than-anticipated propensity by consumers to save was also a factor.
    • Nearly all retail categories showed a year-over-year increase in sales, but a 23% drop in sales at gasoline stations due to lower prices took a big cut.
    • The broad food services category which includes restaurants showed a 8.6% Y/Y rise, while sales at health & personal care stores were up 4.8%.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    • Previously: Retail sales decline in February
    | Comment!
  • Thu, Mar. 5, 8:43 AM
    • Only small cross-section of U.S. retailers report monthly sales anymore, but those that do give some insight to current trends.
    • A common thread in today's reports: cold weather leading to cold sales.
    • Cato: "February sales were significantly impacted by winter storms during the last two weeks of the month."
    • Stein Mart: The company says sales were severely impacted by record cold in the U.S. across regions.
    • Fred's: Momentum build up in January stalled out as the cold snap hit. Cold weather products did sell well however.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, UCC, PMR, RCD, PSCD
    | Comment!
  • Tue, Feb. 17, 8:25 AM
    • Cowen Research takes a broad look at the retail sector in a new note.
    • Analyst Oliver Chen cites tight inventory control, low gas prices, and higher employment rates as positive factors heading into the Spring.
    • F/X pressure and valuation on some names are concerns for investors.
    • Other retail analysts have become more optimistic after taking in the strong comp growth in the restaurant sector. They see the improvement as a potential early indicator on consumer spending, despite the disappointing headline misses on recent retail sales reports.
    • Previously: Restaurant sales show sharp increase in January (Feb. 11 2015)
    • Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, RCD, UGE, SZK
    | Comment!
  • Mon, Feb. 16, 5:52 AM
    • Asian suppliers are resorting to costly air freight, as a labor dispute at U.S. West Coast ports disrupts supply chains across the Pacific.
    • With ports near gridlock, President Obama dispatched Labor Secretary Tom Perez to California on Saturday to try to broker an agreement between dockworkers and the group representing shippers and terminal operators.
    • Many automakers have been hit hard in the U.S. as car parts have been held up by the dispute. Honda (NYSE:HMC) has declared that it would slow production at several U.S. plants, Subaru (OTCPK:FUJHY) said it would continue flying parts in to its U.S. facilities, while Toyota (NYSE:TM) announced that it had reduced overtime at some factories. Nissan (OTCPK:NSANY) also stated that it is being affected.
    • A Shanghai index for U.S. West Coast freight rates rose 23 points last week to 2,265 and brokers said quotes had risen a further five points today.
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 5 Comments
  • Thu, Feb. 12, 11:22 AM
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  • Thu, Feb. 5, 7:36 AM
    • The labor dispute between ship operators and dockworkers on the West Coast has ratcheted up again to threaten the pace of work at 29 ports in Washington, Oregon, and California.
    • Observers at the L.A. and Long Beach ports say freighters are at anchor with no open berths due to a planned slowdown in progress.
    • Honda (NYSE:HMC) and Subaru (OTCPK:FUJHY) are shipping some parts to the U.S. through air services to avoid the crawl.
    • McDonald's (NYSE:MCD) has airlifted 100 tons of french fries to the region to stock restaurants.
    • Other companies impacted by the development include Gap (NYSE:GPS), Lululemon (NASDAQ:LULU), Wal-Mart (NYSE:WMT), Kohl's (NYSE:KSS), Macy's (NYSE:M), and J.C. Penney (NYSE:JCP)
    • FedEx (NYSE:FDX) and UPS (NYSE:UPS) could see a marginal benefit in some cases from companies facing a parts crunch, observe analysts
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 10 Comments
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RETL Description
The Direxion Daily Retail Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000 Retail Index. There is no guarantee the fund will meet its stated investment objective.
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Sector: Services
Country: United States
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