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XLY - A Bullish Signal For SPDR S&P 500
October, 19 2020 10:37 AM
SPDR Select Sector Fund - Consumer Discretionary
SPDR S&P is facing cross-currents nowadays. Trying to predict the future is a loser's game, investors should rather focus on analyzing market conditions and adapting to them. When consumer discretionary stocks are outperforming consumer staples stocks, this is typically bullish for SPY. The Consumer Trend Model does a solid job of avoiding drawdowns and riding bull markets in SPY by reading the signals from the consumer sectors. As of the time of this writing, the model is sending a bullish signal for SPY. For further details see:
A Bullish Signal For SPDR S&P 500
Stock Information
Company Name:
SPDR Select Sector Fund - Consumer Discretionary
Stock Symbol:
XLY
Market:
NYSE
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