- 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