XRT retail sector etf is up 1.79% at 12.47 3:47 pm. As with the chart I just posted of XLI, XRT continues to add to its global relative strength. The negative on these charts of sector etfs with strong global relative strength is the low volume on their large bounce the past two days, relative to the peak volume on the decline just before that. The "easy money" on the snapback has been made. Now it will be important to closely monitor any follow through in the next few day on these high-momentum sectors that have snapped back, XME, XLI, OIH, XRT, etc.
Left click on charts to enlarge. Top 10 holdings of XLI are below charts, note that WMT is not in XLI, it is in XLP, consumer staples sector.
|TOP 10 HOLDINGS ( 18.31% OF TOTAL ASSETS)|
|The Children's Place Retail Sto||PLCE||1.8|
|J CREW GROUP INC.||JCG||1.87|
|LIMITED BRANDS INC||LTD||1.78|
|SAFEWAY STORES INC||SWY||1.75|
|Whole Foods Market, Inc.||WFMI||1.76|
XRT holdings. Source: Yahoo! Finance.