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etsimastuottoa
Jun 19, 2016 9:29 AM

XLY going down Short

SPDR Select Sector Fund - Consumer DiscretionaryArca

Description

When signs of an economic recovery appear, consumer discretionary stocks usually lead a stock market recovery. Consumer discretionary stocks tend to outperform the stock market during strong economies, but they generally underperform in weak economies. The stocks of of consumer discretionary companies tend to lead a general stock market decline at the beginning of a recession.
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