Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Big View Analytics: Consumer Discretionary vs. Consumer Staples

by November 23, 2022
November 23, 2022
Big View Analytics: Consumer Discretionary vs. Consumer Staples

As the Thanksgiving holiday shopping season approaches, let’s look at our Big View leading sector ETFs and the current tug-of-war between Consumer Discretionary (XLY) and Consumer Staples (XLP).

The chart displays the price spread between Consumer Discretionary (XLY) over Consumer Staples (XLP). Consumer Staples leads as the ratio price declines, as above. Staples are viewed as needs, and consumer discretionary are more discretionary purchases. The spread between these two sectors points to a rotation away from buying Teslas or luxury watches and more towards fast food, groceries, and living necessities.

When others fear the consumer sector, we see consumer staples as an opportunity to benefit from economic uncertainty while providing value.

The Energy market has been strong alongside Retail and Industrials over the last six months, as shown above. Currently, Consumer Staples and Utilities lead in the previous five trading days, indicating risk-off. The strong trend in Consumer Staples over Consumer Discretionary is demonstrated over the past five days, three months, six months, and year-to-date performance. Consumer Staples have decreased by 1.5% year to date, while Consumer Discretionary has decreased by -31.3%.

If you want to stay in tune with the primary market trends and invest only passively, following the ETF leaders on a six-month basis will be helpful. Using our Phases and five-day and three-month percentage sector changes can assist more active traders. Our analytics spot sectors and subsectors that are heating up or cooling down so that you can make informed trading decisions.

If you’re looking for a more hands-on approach to tactical trading, our Big View Research Service can help.

Rob Quinn, our Chief Strategy Consultant, can provide more information about our Big View Premium Research Service. He can also offer you a complimentary one-on-one trading consult. To find out more about Mish’s Premium trading service, click here.

Follow Mish on Twitter @marketminute for stock picks and more. Follow Mish on Instagram (mishschneider) for daily morning videos. To see updated media clips, click here.

Mish in the Media

Read Mish’s latest article for CMC Markets, titled “What’s Next For Key Sectors After the Midterms“.

Mish explains why MarketGauge loves metals and is still patiently loading up equities on Business First AM.

Mish talks metals, rates, dollar, and which sector to buy/avoid in this appearance on UBS Trending.

See Mish talk with Charles Payne on Making Money about the Oil markets testing the limits of Fed policy, China, and what to buy in the metals.

ETF Summary

S&P 500 (SPY): 396 support and 403 resistance.Russell 2000 (IWM): 182 support and 186 resistance.Dow (DIA): 337 support and 343 resistance.Nasdaq (QQQ): 282 support and 287 resistance.KRE (Regional Banks): 60 support and 66 resistance.SMH (Semiconductors): 217 support and 225 resistance.IYT (Transportation): 223 support and 229 resistance.IBB (Biotechnology): 132 support and 137 resistance.XRT (Retail): 64 support and 68 resistance.

Keith Schneider

MarketGauge.com

Chief Executive Officer

Wade Dawson

MarketGauge.com

Portfolio Manager

0
FacebookTwitterGoogle +Pinterest
previous post
University of Idaho Murder Mystery Update: Dog Found Alive and Unharmed at Crime Scene
next post
Accused Colorado Gay Bar Shooter Is Non-Binary, Uses They/Them Pronouns: Attorney

You may also like

Sector Spotlight: When Stocks are Not Marked Down...

March 21, 2023

MEM TV: Leadership Emerges in a Flat Market

April 22, 2023

Down, Then Up, Up and Away!

September 9, 2022

GNG TV: GO TRENDS Emerging Across the Globe!

December 29, 2023

Will the S&P 500 Break 5000 by September?

July 27, 2024

Market Pullbacks Provide Opportunities to Build your WatchList...

January 11, 2025

Top Ten Charts to Watch in November 2023

November 3, 2023

The Halftime Show: It’s a Mixed Bag of...

December 6, 2022

How to Trade Big Earnings Gaps

April 27, 2023

Your Brain Before, During and After a Trade

September 7, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

      June 1, 2025
    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

      June 1, 2025
    • Senate Republicans eye changes to Trump’s megabill after House win

      June 1, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 1, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 1, 2025
    • Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

      June 1, 2025

    Categories

    • Business (8,105)
    • Investing (2,000)
    • Politics (15,458)
    • Stocks (3,119)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved