FRONT RUNNING BLIND MONEY, CONSUMER BUYING BINGE HELPING STOCKS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Consumer Buying Binge
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart compares SPY with consumer discretionary ETF XLY and internet ETF FDN.
- The chart shows over the last month XLY beat FDN by 8.46%. This is a big difference resulting from the consumer buying binge.
- Expect the consumer buying binge to accelerate going into Christmas. This is positive for the stock market.
Blind Money
It is the first day of the month. … Please click here or the title below to read more.
November 1, 2021