XLP News and Press, SPDR Select Sector Fund - Consumer Staples

Summary In the second part of our "un-loved sectors" series, we discuss why the Consumer Discretionary ETF is on the verge of a long-term bullish reversal against its underperformance. We highlight why watching the price action of the XLY/XLP is critical to assess a potential market bot...

Summary Stock markets and bond markets have been recovering. The recent market reaction is predicting a soft landing that might mean a mild recession, with inflation 'under control'. How do you position your portfolio for 2023? Stock markets are getting comfortable with the so...

Summary US equity markets have gotten off to a very weak start to December with four consecutive declines to start the month (and futures on Wednesday pointing to a fifth straight day). For most of the year heading into December, we saw the bond market fall in tandem with stocks, but re...

Summary The Adaptive Momentum Investing was launched in July 2021. Changes made to the strategy: (1) New 3-state market risk indicator and (2) new risk-off assets. Simulation results from 9/1/2007 to 11/30/2022. Comparison of live portfolio trading with a buy-and-hold benchmark ...

Summary Expectations surrounding central bank policy, China’s gradual reopening and a lower US dollar are key to investor sentiment in the final stretch of 2022. Central banks have increased interest rates at the fastest rate on record, and there are signs that higher yields are ...

Summary Total nominal retail sales and food-services spending rose 1.3 percent in October after being unchanged in September. From a year ago, retail sales are up 8.3 percent and remain well above the pre-pandemic trend. Nominal retail sales excluding motor vehicle and parts d...

Summary Food and household products are close to their historical baseline in valuation and quality. Staple/food retail is the most overvalued subsector. FXG, a “value or growth” ETF in consumer staples. 10 stocks cheaper than their peers in November. ...

Summary To date, 143 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2022, representing 70% of the index. Of those companies that have reported their quarterly results so far, 69% announced profits that beat analysts’ expectations,...

Summary The Refinitiv U.S. Retail and Restaurant Q3 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a weak 1.6% growth over last year’s levels. Even as higher food prices eat into spending power, consumers also have...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...