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2 Sector ETFs To Watch: Retail (XRT) and Semiconductors (SMH)

Summary by See It Market
On Monday, the Retail Sector ETF (NYSEARCA: XRT) went green. However, as I wrote last night, we still do not know if “in the current bearish phase, we know that short covering and premature buyers cause whipsaws.” So, I am going to make it real easy. The Retail Sector (XRT), looking at the monthly chart, is under the 23-month moving average. That tells us the consumer and spending confidence is in a 2-year business cycle contraction. Recession, …
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See It Market broke the news in on Wednesday, April 2, 2025.
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