Weekly Report: what happened at FDIS last week (0415-0419)?

Shares of FDIS Now Oversold

FDIS: Consumer Discretionary Dashboard For April

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.

U.S. Retail Sales Rack Up Solid March Numbers

U.S. Retail sales smashed expectations in March, with total sales up 0.7% and ex-autos up 1.1%. Non-store retailers and bars and restaurants saw the biggest year/year increase. Five out of the 10 consumer-related industries have turned positive. The latest retail sales data reflects strong consumer buying.

U.S. Household Spending Holds Firm

Retail sales beat all expectations. US retail sales rose a very robust 0.7% month-on-month in March versus 0.4% expected. With jobs, inflation, and activity all beating expectations, the Federal Reserve is in no position to cut interest rates. We expect spending and inflation to slow, but the Fed won't be contemplating rate cuts.

Weekly Report: what happened at FDIS last week (0408-0412)?

5 ETFs to Tap Amazon's Growth Story

Top Seeking Alpha Quant picks in S&P 500 Consumer Discretionary sector ahead of earnings

Consumer Discretionary Select Sector SPDR Fund ETF (XLY) has underperformed the S&P 500 in the past 12 months. The consumer discretionary sector had the largest net selling and was among the worst-performing sectors last week. Goldman Sachs expects strong 1Q EPS growth in the consumer discretionary industry. The sector's growth has been slower than other industries due to inflation and interest rate spikes.

Weekly Report: what happened at FDIS last week (0401-0405)?

Consumer Discretionary ETF (FDIS) Hits New 52-Week High

Weekly Report: what happened at FDIS last week (0325-0329)?

Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry

Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.

BTIG is bullish on Amazon, saying the stage is set for a move above $200

BTIG is bullish on Amazon, saying the stage is set for a move above $200. The investment institution believes the stock has consolidated to a tight range. A move to $200 would reflect a roughly 12% gain in the online retailer's share price. The online retailer is currently trading near $179 a share.

Weekly Report: what happened at FDIS last week (0318-0322)?

Amazon To Continue Winning Streak, Analyst Predicts Revenue Surge Amid Booming AWS and Retail Sales

Truist analyst Youssef Squali reiterated a Buy rating on Amazon.Com Inc. With a price target of $195. The stock has gained 81% in the last 12 months. Squali expects total revenues of $143.1 billion for the first quarter.

Watching For A Weakening Consumer

The consumer accounts for nearly 70% of U.S. GDP. Since September of last year the overall level of retail sales has stalled. Credit card debt has increased significantly since the pandemic ended. Charge-offs and delinquency in credit card debt is reaching levels seen at the start of prior recessions. The elevated charge-off rate may be a canary in the coal mine.

Weekly Report: what happened at FDIS last week (0311-0315)?

VCR: Consumer Discretionary Sector Dashboard For March

Elon Musk’s TSLA is now the worst performing S&P 500 stock YTD

Shares of Elon Musk's Tesla dropped 3.7% on Wednesday. The electric vehicle company is now the worst performing stock in the S&P 500 index in 2024. TSLA is -31.2% on a year-to-date basis and trades lower by 57.1% from its all-time trading high.