Spending Spree

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 Spending Spree


Group Performance in the last...
Sector (ETF)Monthly3-Months6-MonthsYear-to-date12-Months
Consumer Discretionary (XLY)15.8%4.4%-12.1%15.8%-17.8%
Communication Services (XLC)14.2%14.6%-7.2%14.2%-25.5%
Real Estate (XLRE)9.5%11.6%-6.5%9.5%-12.7%
Technology (XLK)9.1%6.8%-7.6%9.3%-14.3%
Materials (XLB)8.9%13.7%10.3%8.9%2.5%
Financials (XLF)6.4%7.4%9.1%6.4%-5.5%
S&P 500 (SPY)6.2%5.8%-1.9%6.2%-8.0%
Industrial Goods (XLI)3.8%8.7%6.5%3.3%2.7%
Energy (XLE)3.5%-0.9%21.8%3.5%37.9%
Consumer Staples (XLP)-1.3%2.0%-1.2%-1.3%-1.8%
Healthcare (XLV)2.3%0.4%0.9%-2.3%2.1%
Utilities (XLU)-2.9%3.5%-7.1%-2.9%2.3%
January 2023

Consumers are buying thru borrowing, tech, luxury items and Real Estate.

The battered tech sector and small-caps led the charge throughout January, confirming investors' growing risk appetite.

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