Consumer stocks buoyed by improving sentiment

seekingalpha09-14

Improving consumer sentiment is underpinning sectors with increased sensitivity to consumer spending habits, with most names in the retail, luxury, and leisure sectors outperforming the S&P 500. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2467870361?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1032204040/image_1032204040.jpg","is_english":true,"pubTime":"2024-09-14 00:22","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2467870361","market":"us","top_or_hot":-1,"title":"Consumer stocks buoyed by improving sentiment","media":"seekingalpha","content":"<div>\n<p>Improving consumer sentiment is underpinning sectors with increased sensitivity to consumer spending habits, with most names in the retail, luxury, and leisure sectors outperforming the S&P 500. The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4149629-consumer-stocks-buoyed-by-improving-sentiment\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Consumer stocks buoyed by improving sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConsumer stocks buoyed by improving sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-14 00:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4149629-consumer-stocks-buoyed-by-improving-sentiment><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Improving consumer sentiment is underpinning sectors with increased sensitivity to consumer spending habits, with most names in the retail, luxury, and leisure sectors outperforming the S&P 500. The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4149629-consumer-stocks-buoyed-by-improving-sentiment\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1941712348.USD","symbol_name":"ALLIANZ PET AND ANIMAL WELLBEING \"AT\" (USD) ACC","start_time":0,"source_url":"https://seekingalpha.com/news/4149629-consumer-stocks-buoyed-by-improving-sentiment","article_id":"2467870361","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1032204040/image_1032204040.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467870361","pubTimestamp":1726244551,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Improving consumer sentiment is underpinning sectors with increased sensitivity to consumer spending habits, with most names in the retail, luxury, and leisure sectors outperforming the S&P 500. The S","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1941712348.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"AT\" (USD) ACC","REAL":"The RealReal","CHWY":"Chewy, Inc.","QID":"纳指两倍做空ETF","ETSY":"Etsy, Inc.","CZR":"凯撒娱乐","BK4094":"服装零售","LU1941712264.USD":"ALLIANZ PET AND ANIMAL WELLBEING \"A\" (USD) INC","BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","BK4122":"互联网与直销零售","BK4566":"资本集团","MOV":"摩凡陀","BK4524":"宅经济概念","BK4220":"综合零售","QLD":"纳指两倍做多ETF","BK4150":"赌场与赌博","SIG":"西格内特珠宝","BK4588":"碎股","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF","PENN":"佩恩国民博彩","W":"Wayfair","BK4561":"索罗斯持仓","BK4547":"WSB热门概念","BRLT":"Brilliant Earth Group, Inc.","BK4178":"家庭装饰零售","BK4548":"巴美列捷福持仓","BK4532":"文艺复兴科技持仓","BK4200":"专卖店","BK4202":"服装、服饰与奢侈品"},"translate_title":"消费股受情绪改善提振","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"W":1,"SIG":1,"REAL":1,"PENN":1,"MOV":1,"ETSY":1,"CZR":1,"BRLT":1,"CHWY":0.9,".IXIC":0.9,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Improving consumer sentiment is underpinning sectors with increased sensitivity to consumer spending habits, with most names in the retail, luxury, and leisure sectors outperforming the S&P 500. The SPDR retail ETF (NYSEARCA:XRT) is currently higher by 3%, poised to close the week in the green for the first time in three weeks.  The University of Michigan Consumer Sentiment Index rose to its highest level since May, beating expectations, while the index measuring current conditions increased to 62.9. The index for consumer expectations rose to 73.0 from 72.1, also topping expectations. The gain was led by improved buying conditions for durables, driven by more favorable prices, while the outlook for personal finances and the economy also improved despite a modest weakening in view of the labor market.  “Sentiment is now about 40% above its June 2022 low,” said Survey of Consumers Director Joanne Hsu, adding, however, that sentiment remains guarded into the upcoming presidential election. Adding to the buoyant tone for certain internet retailers, including Etsy (NASDAQ:ETSY), Wayfair (NYSE:W), Chewy (NYSE:CHWY), and Beyond (NYSE:BYON) -- all of which are up 5%-7% -- is the government’s efforts to curb the import of merchandise from China that exploit the de minimis exemption.  Among stocks in the luxury category, the more encouraging consumer outlook is amplifying a post-earnings rally in Signet (NYSE:SIG) and permeating throughout the sector with shares of Movado (NYSE:MOV), Brilliant Earth (NASDAQ:BRLT), and The RealReal (NASDAQ:REAL) outperforming. In the casino/resort segment, Penn Entertainment (NASDAQ:PENN) and Caesars Entertainment (NASDAQ:CZR) are the top-performing stocks, with gains in the former also attributed to insider buying. In a filing with the U.S. Securities and Exchange Commission, director David Handler bought 10K additional shares of Penn Entertainment, increasing his direct stake in Penn (PENN) to 293,450 shares. PENN set a three-week high and traded through resistance at the 200-day moving average.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Economic Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2467870361"}