XLP Consumer Staples Select Sector SPDR Fund

Consumer Staples vs The Market - first 52 week low since June $XLP $SPY lots of 'firsts since June' out there these last few days

If I had more free time I'd make an AI horror movie about how consumer staples vs the market just will not die. Wild stuff $XLP $SPY

$XLP sold about 30% of my trading shares on the spike this morning. RSI now 72 vs when purchased over the last month in the low-mid 30s. really nice run here. always happy to buy big discounts on high quality items!

$XLP vs $XLY monthly chart. staples vs discretionary. break downs in this tend to lead to up moves in markets suggesting risk on. eventually this will break the massive monthly multi decade wedge. likely this breaks down soon as the next 2-3 Q's looks relatively bullish bias $SPY $QQQ

$XLP Forward PE of around 24-25 is stupidly high given consumers are having to make budget cuts. I can see this trading down to a forward PE of 18.

Upcoming dividends payable on the 23rd for our accounts: $XLP $XLU $XLF $XLI A great added bonus for these positions at attractive risk/reward levels. Rsis all in the 30s. Which of these are you invested in?

The attractiveness of staples in light of the current AI carnage is understandable but stay mindful of the triple/quad top as the overbought RSI region is entered. $XLP

Industry Sectors ranked by price strength and price momentum as of the Oct. 14 close: $XLP

Industry Sectors ranked by price strength and price momentum as of the Oct. 12 close: $XLP

MONDAY MIDDAY FLOWBOARD 📋 $XLP is the name on the board: $4.9M crossed in the Dec 18 $80 puts. At capture, contract volume was 15.7x standing open interest. Chart check: daily chart through Oct 9: last close $83.43, above its 20 day average and below its 50 day average, with RSI at 55. The 3 month range is $80.10 to $88.78. What would confirm it: the next settled open interest. Intraday volume alone cannot tell us whether the trade opened, closed, or belonged to a larger structure.

📉 $XLP — Bearish Sequence Still Has More Downside Ahead Structure: XLP remains on the Right Side lower below 88.80. The decline continues to unfold impulsively, with waves i–ii complete and price now working through wave iii. 🎯 Expected next move: continue lower toward the 79.00–79.50 area in wave iii → corrective bounce in wave iv → then another decline to complete the bearish sequence. 🔑 Key level: 88.80 #XLP #ConsumerStaples #ETFs #ElliottWave #Trading

Portfolio managers really do not want to report that they held Consumer Staples $XLP this quarter, dumping them before the month comes to a close. The Staples ETF has charted a bearish engulfing candlestick today, falling back towards the lows of the year. #WindowDressing

$XLP sector was hurt by rising interest rates leading to short term strength in the US dollar. This hurts multinationals like PG and PEP that get a lot of sales abroad.

$XLP under $82 made another cost average buy. Nearer a full allocation at 4.9% of two of our accounts. Also added some more $XLU at fresh lows. Risk/reward