Always consider hidden risks
SP500 Consumer Discretionary (XLY): Outperformance vs SP500 ?
September 3  ( From Stockcharts, TradingView  )
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The Situation

​The Consumer Discretionary Sector  includes industries such as automobiles
​and ​components, consumer durables, apparel, hotels, restaurants, leisure,
​media, and retailing.

It remains as the name says it, discretionary spending for the consumer.
When we observe that sector start to underperform at the beginning of the year,
​we can ask ourselves is the whole market can keep up without taking into account
​the US Consumer which makes 70% of the whole economy.​​​

​​The Consumer Discretionary Sector ETF ( XLY ) is within an uptrend 
​channel that ​started on August 25 with 73.38 as support and 77.33
​as resistance. ​Closing price on September 2 was 74.62.
( See first chart below ).

On a bigger picture, the XLY is back above the previous Break Out Zone as shown by the thick red line on the first chart below.

​​​The Consumer Discretionary Sector ETF ( XLY ) started to ​outperform compare to the ​Mighty SP500 Index since August 17 2015 and challenging it s highest ever level on a Relative Basis.
( See second chart below - Grey Vertical Line )...
But what it is interesting to observe is that the the Consumer Discretionary Sector is one of the best in terms of performance this year and still outperform the Mighty SP500 Index. ​( Second Chart Below - Blue Line - Ellipses ).


SP500 Consumer Discretionary (XLY): Outperformance vs SP500 ? $SPY, $XLY #xly #investing #sp500

SP500 Consumer Discretionary ETF XLY 
​Daily Candles​
20 DMA ( Yellow Line )​
50 DMA ( Red Line )​​

Consumer Discretionary ​ Sector ETF XLY
over SP500 Index ( Blue Line )
7 DMA ( Amber Line )​