Entering text into the input field will update the search result below

XLY: Put This On Your Watch List

Hale Stewart profile picture
Hale Stewart


  • The macroeconomic backdrop is positive.
  • The ETF is likely consolidating gains.
  • Put this on a watch list for now.

Bull and Bear Symbol with Stock Market Concept.

undefined undefined/iStock via Getty Images

While the macroeconomic backdrop is positive, the ETF is consolidating gains, which will likely continue for a bit. Keep this on your watch list for now.

Introduction: the (NYSEARCA:XLY) is one of a series

This article was written by

Hale Stewart profile picture
Hale Stewart spent 5 years as a bond broker in the late 1990s before returning to law school in the early 2000s. He is currently a tax lawyer in Houston, Texas. He has an LLM in domestic and international taxation (MagnaCumLaude). He is the author of the book The Lifetime Income Security Solution. Follow me on Twitter at @originalbonddadYou can read his legal analysis on his law office's blog.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (4)

Think. Focus. Health. Wealth profile picture
XLY is a growth play ...not yield or dividend growth play. It offers a way to hold amzn and tsla with its heavy portfolio weights. Look under the hood and know what you are buying and if its the right tool for your needs/goals
Eileen Dover profile picture
It won't even make my watch list until the yield goes up from 1/2% to at least 4%
I just looked at the 3 yr dividend growth of this ETF - horrible.
Consumer staples are better but still unimpressive.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.