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Consumer Discretionary Select Sector SPDR ETF (XLY)

- NYSEARCA
  • Nov. 28, 2014, 10:26 AM
    • There's a positive vibe across retail as early reports from major chains indicate strong e-commerce sales and an easing off of the promotional fervor that has wrecked profit margins in the sector.
    • Though there's some vibrant debate on the degree of impact of lower oil prices on consumer spending, nearly all retail analysts see some trickle-down benefit for Q4.
    • The catch-all S&P Retail ETF (NYSEARCA:XRT) is up 1.7% on the day.
    • Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, FXG, RETL, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK.
    | Comment!
  • Nov. 28, 2014, 5:21 AM
    • The weather did not seem to stop Black Friday shoppers yesterday, as long queues formed in front of retail stores.
    • Economists are closely watching whether retailers can tempt consumers to spend during the biggest shopping weekend of the year, especially after a year of lackluster sales.
    • The National Retail Federation has forecast that sales in November and December, excluding auto, gas and restaurant sales, will rise 4.1% from the same months last year, up a bit from 3.1% in 2013.
    • ETFs: XLP, XLY, VDC, XRT, VCR, RTH, PBJ, RETL, PEJ, IYK, FXG, IYC, SCC, FXD, RHS, UCC, PMR, UGE, RCD, PSL, PSCC, SZK, FDIS, FSTA, PSCD, PEZ
    | 3 Comments
  • Nov. 27, 2014, 5:32 PM
    | 22 Comments
  • Nov. 26, 2014, 1:27 PM
    • Retail-focused ETFs have seen $367M of inflows since the start of October, according to Markit - looking at just XRT, RTH, and PMR - the fastest quarterly pace in nearly five years.
    • Those ETFs have badly lagged the S&P 500 for most of the year, but things have changed recently, with the XRT up 5.9% in November, 310 basis points better than the S&P. RTHi is up an even-better 7% over this time.
    • Looking for a catalyst? Try the steep fall in gasoline prices as leaving consumers with a few more dollars to spend after filling their tanks.
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, PEJ, FXD, IYC, FDIS, SCC, UCC, PMR, RCD, UGE, PSCD, SZK
    | 3 Comments
  • Nov. 25, 2014, 2:46 PM
    • "Not surprisingly, billionaires reduced their energy allocations (NYSEARCA:XLE) during Q3," says Direxion, unveiling the quarterly rebalance for the iBillionaire Index (which serves as the benchmark for the IBLN ETF). Attention was instead shifted to healthcare (NYSEARCA:XLV) and materials (NYSEARCA:XLB), with companies like Humana (NYSE:HUM) and Monsanto (NYSE:MON).
    • Also added to the index: TMO, GM, FB, CBS, GOOG, MAS, APD, DAL, NOV, WHR, THC, ABBV.
    • Dropped from the index: AIG, MCK, CTSH, MSI, RIG, CI, APC, GPS, MSFT, CMCSA, NFLX, MHFI, WMB, ICE.
    • Outlying sectors: Consumer Discretionary (NYSEARCA:XLY) makes up 23.33% of the iBillionaire Index vs. 11.68% for the S&P 500, and Industrials (NYSEARCA:XLI) and financials (NYSEARCA:XLF) make up just 6.67% each of the index vs. 10.44 and 16.30 of the S&P 500, respectively. Consumer Staples (NYSEARCA:XLP) have zero representation in the index vs. 9.7% in the S&P 500.
    • Previously: Direxion launched an ETF with iBillionaire today
    | 14 Comments
  • Nov. 24, 2014, 7:30 AM
    • A new poll by Gallup indicates shoppers in the U.S. will increase spending by 2.3% to $720 on holiday gifts this year.
    • The projected pace of holiday spending falls short of most holiday spending forecasts which fall in the 4.0%-4.5% range and is a drop from the level found in a Gallup poll in October.
    • The 14-year average for holiday spending growth is 3.1%.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD, PSCD.
    | 1 Comment
  • Nov. 20, 2014, 12:31 PM
    • There's some growing momentum in the retail sector after a number of companies reported stronger-than-expected earnings and comp sales which showed improvement over last year. The list of out-performers even includes names from the beat-up mall sector.
    • Whether it's redirected fuel spending, the impact of a lower unemployment rate in the U.S, or the growing influence of e-commerce channels behind the momentum - consensus earnings estimates for Q4 and 2015 have been pushed higher.
    • Though the most dramatic pickups have been at turnaround stories and smaller chains - some of the giants of retail such as Wal-Mart, Target, and Best Buy have moved in the right direction.
    • The S&P Retail (NYSEARCA:XRT) is up 1.6% on the day.
    • Other retail-related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, RCD, UGE, SZK
    | 1 Comment
  • Nov. 19, 2014, 2:27 PM
    • comScore expects online retail spending to rise 16% to $61B during the holiday months of November and December.
    • Desktop spending is forecast to increase 14% to $53.2B, while mobile spending is seen growing 25% to $7.9B.
    • Expectations are high for the retail giants: Last year, Q4 revenue growth at Amazon (NASDAQ:AMZN) easily outpaced the overall level of holiday e-commerce sales. Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) are coming off quarters with +20% growth in e-commerce, while Staples (NASDAQ:SPLS) came in at 9%.
    • Shippers: FedEx (NYSE:FDX) expects an increase of holiday packages of 8.8% this year, while UPS is prepping for a 11% rise.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, RCD, UGE, SZK
    | 35 Comments
  • Oct. 31, 2014, 2:12 PM
    • Amazon (AMZN +1.7%) will start labeling promotions on its website as "Black Friday" deals beginning tomorrow.
    • The company will offer two deals of the day through December 22 and more than 15K lightning deals.
    • Prime members will get the first crack at some of Amazon's promotions.
    • What to watch: Most retail analysts and economists have a forecast of 4.0%-4.3% growth for holiday sales which factors in promotional activity at last year's level. Any extra discounting/promotions push from the sector could take sales below estimates.
    • Related ETFs:
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, RCD, UGE, SZK
    | 14 Comments
  • Oct. 17, 2014, 3:03 PM
    • A consumer survey from Accenture indicates a higher percentage of shoppers expect discounts and sales this holiday season compared to a year ago.
    • 63% of respondents said they would use a computer to shop or compare items, while 24% revealed they would use a mobile device.
    • Analysts expect retailers to see some volume gains this holiday season, offset to a degree by pricing.
    • Most estimates for holiday sales growth land in the 4.0% - 4.3% range.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, PEJ, FXD, FDIS, PMR, RCD, PEZ, PSCD
    | Comment!
  • Oct. 15, 2014, 2:29 PM
    • A survey from NPD Group indicates consumers are even more deal-savvy this year.
    • More consumers plan on waiting for the Thanksgiving-to-Cyber Monday period before shopping and will rely on online comparisons to a larger degree.
    • The majority of respondents said they intend to spend the same as last year or higher.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD.
    | Comment!
  • Oct. 14, 2014, 3:31 PM
    • Global growth, foreign-exchange, oil, and small caps are the subject of every client inquiry, says David Kostin. His team's recommendation: Buy "American exceptionalism."
    • In Kostin's view, U.S. economy and corporate fundamentals are still strong, with economic growth expected by Goldman economists to be 3.2% next year, the fastest expansion since 2005. Europe is expected to grow just 1%.
    • What his team likes are those stocks of companies which have a high proportion of domestic sales, plus sectors like Consumer Staples (XLP -0.1%) and Discretionary (XLY +0.7%) which stand to benefit from lower oil prices (plunging again today).
    • As for small caps (IWM +0.9%), Kostin is wary, noting downward earnings revisions have boosted small cap P/E ratios even as prices have declined.
    • The list of S&P 500 names capturing two or more of Kostin's themes: GT, GM, PCLN, AMZN, CMCSA, LOW, DG, TSN, ADM, CVS, AVP, WAG, PXD, HAL, JPM, BAC, SCHW, PNC, MS, C, GNW, LNC, MET, THC, AET, UNH, ESRX, HUM, WLP, BIIB, GILD, DAL, CMI, FLR, CRM, JBL, MA, FB, MU, FSLR, VMC, MON, T.
    | 26 Comments
  • Oct. 9, 2014, 10:09 AM
    • ICSC forecasts holiday retail sales will improve 4% this year to mark the best pace of growth in three years.
    • Consumer confidence is higher than a year ago, notes the research firm.
    • The forecast is consistent with the 4.1% prediction for holiday sales from the National Retail Federation.
    • What to watch: Despite the rosy forecasts from economists, some retail analyst are wary that the consumer trend of deal/comparison shopping won't be dialed back this year even with improved headline economic numbers.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
    | Comment!
  • Oct. 7, 2014, 8:05 AM
    | 2 Comments
  • Oct. 3, 2014, 9:39 AM
    • A new study compiled by RetailMeNot and an economics professor at University of Texas could create another ripple of worry in the retail sector.
    • More than 80% of consumers polled said they use deal or offer sites during the holiday season - while 44% indicated they use the margin-pinching sites for most or all of their holiday shopping.
    • All told, RetailMeNot thinks U.S. shoppers have the potential to save more than $5B from using deal/offer websites.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, SCC, FDIS, UCC, PMR, UGE, RCD, SZK
    | 1 Comment
  • Sep. 24, 2014, 8:13 AM
    | 9 Comments
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XLY Description
The Consumer Discretionary Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Consumer Discretionary Select Sector Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
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Sector: Services
Country: United States
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