XLY / Short sellers scale back bets against consumer discretionary stock

Launched on 12/16/1998, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund designed to provide a broa more_horizontal

Durables/apparel and consumer services are undervalued relative to their historical baseline. The auto and components industry has the worst value and more_horizontal

VettaFi's vice chairman Tom Lydon discussed the Consumer Discretionary Select Sector SPDR® Fund (XLY) on this week's “ETF of the Week” podcast w more_horizontal

Surprise surprise - we went from AI love to consumer love in the span of a month and a half. Despite my concerns that we are nearing a tail event for more_horizontal

Launched on 12/16/1998, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund designed to provide a broa more_horizontal

Amazon and Tesla are the top two holdings of XLY, but they are both heavily invested in technology sector. The consumer discretionary sector outlook i more_horizontal

The month of May was marked with the U.S. debt deal, AI euphoria and the return of information technology stocks. more_horizontal

Everyone is curious to know how the stock market will react to the debt ceiling deal announcement that happened over the weekend. Republicans and Demo more_horizontal