I have this quotient in my watchlist to monitor the risk appetite of the market. The
XLY
ETF (Consumer Discretionary) is a good indicator of high risk appetite because its holdings are more focus on growth therefore are more volatile. And the
XLP
ETF (Consumer Staples) is more focus in value stocks, therefore less volatile.
XLY
with holdings like
AMZN
,
TSLA
and
MCD
. And
XLP
with holdings like
KO
,
PEP
and
COST
.
Right now the quotinet XLY/XLP is near a breakout off a base to make an all time high, while its 20 day moving average is croosing the 50 moving average. This are good news to this bull market.
XLY
ETF (Consumer Discretionary) is a good indicator of high risk appetite because its holdings are more focus on growth therefore are more volatile. And the
XLP
ETF (Consumer Staples) is more focus in value stocks, therefore less volatile.
XLY
with holdings like
AMZN
,
TSLA
and
MCD
. And
XLP
with holdings like
KO
,
PEP
and
COST
. Right now the quotinet XLY/XLP is near a breakout off a base to make an all time high, while its 20 day moving average is croosing the 50 moving average. This are good news to this bull market.