XLY has been very strong. It's really interesting to me too because the ETF represents the consumer discretionary sector and this is a sector that is supposed to be under pressure. What with high gas prices and dampening consumer confidence per the Michigan Consumer sentiment index, yet stocks in the sector continue to rise. Most notably Lululemon (LULU) has been on an absolute tear as the stock heads into its 2-1 forward split slated to take place this Friday. I'm curious to see where LULU will trade after the split happens.
Stockhaven Forums
XLY - consumer discretionary; LULU
(4 posts) (4 voices)-
Posted 10 months ago #
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