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Consumer Discretionary Select Sector SPDR ETF (XLY)

- NYSEARCA
  • Dec. 15, 2014, 11:35 AM
    • While publicly traded stocks at 35% remain the most popular investment, that's down from 43% one year ago and 49% in 2012. ETFs at 25% are up from 21% one year ago.
    • The most popular equity sectors are financials (NYSEARCA:XLF) at 27%, followed by Consumer Discretionary (NYSEARCA:XLY), and Energy (NYSEARCA:XLE), both at 16%.
    • Apple (NASDAQ:AAPL) and Berkshire Hathaway (BRK.A, BRK.B) again hold the two top spots for individual picks, with the S&P 500 SPDR ETF (NYSEARCA:SPY), the Health Care SPDR (NYSEARCA:XLV), and the MSCI Emerging Markets ETF (NYSEARCA:EEM) rounding out the top five.
    • Source: Tiger 21 Member Favorites Survey
    | Dec. 15, 2014, 11:35 AM | 34 Comments
  • Dec. 12, 2014, 12:04 PM
    • A survey by Bankrate.com indicates consumers aren't quite sold on increasing spending just because gas prices have moderated.
    • 82% of respondents say they don't plan on spending more this holiday season than last.
    • Just 5% said they would boost holiday spending due specifically to the drop in gas prices.
    • Millennials were the age group with the highest percentage (28%) indicating holiday spending would increase this year.
    • The survey contradicts most economic projections for a +4% lift in holiday spending.
    • What to watch: Was the strong report on retail sales for November just a pull-forward of sales typically closer to the holiday?
    • Previously: Strongest month for retail sales since March (Dec. 11 2014)
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
    | Dec. 12, 2014, 12:04 PM | 5 Comments
  • Dec. 11, 2014, 9:30 AM
    • Retail sales struck their biggest gain since March on broad strength.
    • What's working: Strong growth was seen in auto parts (PBY, ORLY, AZO, AAP, MNRO) with the broad parts category showing year-over-year sale growth of over 8% in November. Sales were up 6.8% Y/Y for health and personal care stores (ULTA, SBH, CVS, WAG, RAD) during the month.
    • What's not working: Department stores (DDS, M, SSI, BONT, SHLD, JCP, KSS, JWN) went backwards with sales off 1.1% from a year ago. No surprise, but sales at gas stations (CASY, KR, PTRY) also fell off from a year ago.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK.
    | Dec. 11, 2014, 9:30 AM | 8 Comments
  • Dec. 8, 2014, 12:22 PM
    • The so-called realized correlation of the largest 50 names in the S&P 500 has fallen to 0.062, according to Credit Suisse, about the lowest level since late 1999. It's a far cry from just a couple of years ago, when a writer could describe a day's worth of market action as "risk-on" or "risk-off" and a reader would have a pretty good idea of how their investments fared.
    • The lack of correlation should be manna for active fund managers (a stock picker's market), but it's not so - a full 85% of active large-cap fund managers are shy of their bogeys this year, according to Lipper.
    • Correlations are lowest in Consumer Discretionary (NYSEARCA:XLY) names, theoretically allowing sharp managers to make money buying winners and selling losers. Meanwhile in energy (NYSEARCA:XLE), plummeting oil prices have correlations turning way higher to 0.683 at last check.
    | Dec. 8, 2014, 12:22 PM | 4 Comments
  • Dec. 2, 2014, 2:42 AM
    | Dec. 2, 2014, 2:42 AM | 17 Comments
  • Dec. 1, 2014, 2:35 AM
    • Retail spending over this year's four-day Thanksgiving weekend fell 11% to $50.9B according to the National Retail Federation, although total holiday sales through the end of the year are expected to rise 4.1%.
    • The decline, the second annual drop in a row, comes as retailers, including Target (NYSE:TGT) and Wal-Mart (NYSE:WMT), offer their sales and promotions days or even weeks before the holiday weekend.
    • 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
    | Dec. 1, 2014, 2:35 AM | 8 Comments
  • Nov. 28, 2014, 3:26 PM
    | Nov. 28, 2014, 3:26 PM | 21 Comments
  • Nov. 28, 2014, 1:26 PM
    | Nov. 28, 2014, 1:26 PM | 1 Comment
  • 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.
    | Nov. 28, 2014, 10:26 AM | 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
    | Nov. 28, 2014, 5:21 AM | 3 Comments
  • Nov. 27, 2014, 5:32 PM
    | 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
    | Nov. 26, 2014, 1:27 PM | 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
    | Nov. 25, 2014, 2:46 PM | 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.
    | Nov. 24, 2014, 7:30 AM | 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
    | Nov. 20, 2014, 12:31 PM | 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
    | Nov. 19, 2014, 2:27 PM | 35 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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