03/06 – 03/10 Consumer Discretionary(XLY)

xlyd1

As long as US economy continue to improve this sector will continue move to the upside, he already has shown a clear move with higher highs(HH) and higher lows(HL) with a uptrand line from Trump post election ( with purple on XLY chart ) .

The prior pivots for trading this week is 87.58 and 86 on XLY. As long as XLY hold 86, stay bullish and watch for follow through to clear 87.58 level, trading strong stocks. If bears build up power and broke 86,with also means broke of the trendline see if they hold and watch for follow through to 85.5 and after to 84 level on XLY, trading weak sub industries/stocks.

*On friday we will have new data about labor market.

It Services : 

  • Strong Stocks : GPN, PAYX.

Internet Software & Services :

  • Strong Stocks : BABA, EBAY.

Health Care Providers & Services :

  • Strong Stocks : ABC, CAH, MCK.

Speciality Retail : 

  • Strong Stocks : TIF, HD, LOW.
  • Weak Stocks : AAP, SIG, LB.

Multiline Retail :

  • Weak Stocks : TGT, M.

Media : 

  • Strong Stocks : DIS, FOXA, TWX, CBS, SBGI, SNI.
  • Weak Stocks : NFLX.

Hotels, Restaurants & Leisure : 

  • Strong Stocks : MCD, NCLH, RCL, WYNN.
  • Weak Stocks : EAT.

Road & Rail :

  • Strong Stocks : CNI, CSX, UNP.

Airlines : 

  • Strong Stocks : ALR, LUV, UAL.

Air Freight & Logistics :

  • Strong Stocks : CHRW, EXPD.

Professional Serices :

  • Strong Stocks : INFO.

Trading Companies & Distributors : 

  • Strong Stocks : FAST, URI.

 

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