Direxion Daily Semiconductor Bull 3x Shares (SOXL)

[luckydude777]

Should get some upside out of THIS:

The numbers: Sales at U.S. retailers such as Amazon and Best Buy jumped 3.8% in January as Americans bought more cars, furniture, consumer electronics and other goods in a good sign for the economy.

Economists polled by The Wall Street Journal had forecast a 2.1% gain.

Households bought more goods in early 2022 after paring back in the final month of last year. Retail sales fell a revised 2.5% in December.

A rapid decline in omicron cases likely abetted the increase in spending.

Rapidly rising prices for gas, food, new cars and so forth played a part, but only a small one. Consumer prices rose 0.6% in January. The inflation-adjusted increase in spending was still quite large.

Retail sales are a big part of consumer spending and offer clues on the strength of the U.S. economy.