Weak Brick-and-Mortar Holiday Shopping Could Fuel 'CLIX' ETF
December 09, 2019 at 08:00 AM EST
Not only did the online shoppers come out for Black Friday, but the bears are also out for brick-and-mortar stores, which saw a 6% drop in sales according to retail analytics company ShopperTrak. If this trend continues to hold through Christmas, it paves the way for gains in the Long Online/Short Stores ETF ( CLIX ) .