Today we’re going to focus on what is taking place specifically in the Consumer Discretionary space. This is one of the largest sectors in the S&P500 with respects to the number of components, but the differences between all of the stocks in the group really stand out. While we are seeing some strength in Online Retail and some of the Homebuilders, the Apparel and Traditional Retailer space look terrible. So we don’t just want to be buying this sector blindly. I think we need to pick and choose our spots.
In this report I wanted to do a deeper dive into Consumer Discretionary to try and determine the direction of the next major moves and how to best take advantage of it: