Taking Stock of a big Consumer Discretionary ETF
June 03, 2015 at 08:20 AM EDT
Up 6.3% year-to-date, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) has easily outperformed the S&P 500, but June historically being a weak month, investors might want to consider a temporary reduction in discretionary exposure. According to MKM Partners market technician...