• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

As consumption continues to drive growth, it should come as no surprise that one of the best performing sectors this year is US Consumer Discretionary (XLY) stocks. And after lagging in the beginning of the year (due in large part to the decline of Apple's (AAPL) stock price), technology (XLK) is making a rebound. XLY and XLK are up +5.6% and +5.0%, respectively, over the past month. The S&P 500 itself is up +4.3% over the past month and continues to make new all-time highs week after week and remains in bullish formation.