The Consumer Discretionary SPDR (XLY) was leading the sectors at midday on Thursday. Trading in general was rather lackluster, but it is still positive to see some leadership from this economically sensitive sector. The Market Carpet below shows Netflix (NFLX), DirecTV (DTV), Abercrombie (ANF), TripAdvisor (TRIP) and Expedia (EXPE) leading with the biggest gains and the darkest green. Click here to learn more about MarketCarpets.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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