Consumer Discretionary Sector November Outlook—Bullish Reversal Still Intact Despite an October Pause
Slowly progressing through a bullish reversal that started in August
BKNG
XLY Consumer Discretionary Sector SPDR September Outlook—We are taking a cautious approach to XLY in September
XLY has potential to benefit from the change in Fed policy outlook. It has shown some technical improvement over the previous 3-months as well. However, the stock level picture is showing a tough environment for the average stock at present