SELECT SECTOR SPDR TRUST

NYSE ARCA & MKT

XLP

drewby4321

For Growth Investors, there were a few shocking days over the past months where the indexes went up but our portfolios went sideways or down. There's no worse feeling than having the market go up and have your portfolio go down. The cause was sector rotations as investors moved into "discounted" stocks that were hit the worst during the market crash of 2020...

drewby4321

The past week there was rotation into Energy (XLE). There is precedent for rotations into energy marking tops and continuing as safe havens during corrections. In the bottom chart, you see the rotation happening in September 2018, just before three months of market declines (21% on S%P 500 and 24% for Nasdaq). Looking back further to the 2000 tech bubble, look...

drewby4321

Here are the sector winners and losers the past week. XLB (Materials) wins out, gaining 1% compared to the other SPDR ETFs combined. XLC (Communications), XLK (Technology) and XLE (Energy) at the bottom. Breaking out XLB into it's top performing stocks for the week, you can see which ones carried the weight of the moves including EMN, LYB and CF. All of these...

ridethepig

It ought to be known by everyone that it is necessary in certain recessions for dead cat bounces and over a typical 5 quarter economic cycle down, it is not uncommon for 1 or 2 of those quarters to be bullish. I suspect that the strength around all the discounted earnings from August is mostly baked in now. ...

drewby4321

Industrials win this week with tech coming in last. Fedex is up 13% this week and UPS is up almost 30% over the last few weeks thanks to the politics around USPS.

murphycharts

Highest daily RSI reading since April 6th

ChristopherCarrollSmith

So we've got macroeconomic forces pulling in a couple different directions right now. One the one hand, the Fed is talking about pumping trillions of dollars more liquidity into the market, which should further inflate equity prices. On the other hand, with coronavirus cases continuing to rocket, we're starting to see economic data fall off a cliff. Consumer...

tdrake2139

Nice breakout today.

ChristopherCarrollSmith

Consumer staples tested and got rejected from a critical trend line this afternoon. The sector has been strengthening due to demand for groceries as economies reclose. Today it also got a bump thanks to news that people with incomes less than $40,000/year may get a second round of stimulus checks. This ought to help juice consumer demand a little. I've also been...

rivchris

Drew this a few days ago and it is playing out. This is eyeing $60.

UnknownUnicorn1328947

xlp

ridethepig

The following diagram illustrates the breakup of a globalisation advance: Since the retrace in VIX has found a hard floor into the 25 lows, we may characterise the advance as an endgame for our economic cycle purposes. ...

cyclewave

XLP : Price action confirmed bearish cycle on the way after completing simple ABC in (X) wave. It started moving down in (Y) wave, So bounce can be used to sell for Y wave. It dropped in five wave A today along with SPX and other sectors, so pull back of wave B will be good sell for C down. Wait for 2-3 days to pull back in wave B.

murphycharts

With XLY vs. XLP on everyone's radar as it eyes new highs, what is Industrials vs. Staples saying about the strength of this risk on rally?

Thib_s

I hope this will help you, don't consider this as an financial advice.

murphycharts

This cap-weighted ratio is trekking higher as the S&P 500 stalls below 3,000

murphycharts

XLY vs. XLP Trading above its March high, would like to see the diagonal trend line break to the upside in support of the bull case

Stargazer87

I started following the correlation of XLY(SPDR Consumer Discretionary Select Sector Fund)/ XLP(SPDR Consumer Staples Select Sector SPDR Fund) to identify when the stock market (SPY & RUT) could be changing the trend direction. Notice how XLY/XLP called the trend change in SPY and RUT back in July 2007. Notice how XLY/XLP called the trend change in SPY and RUT...