Consumer strength
XLY/XLP · One of the nine sensors MacroLens watches daily.
What it measures: What people want to buy vs. what they have to buy
How to read it: Rising = discretionary spending winning (confidence); falling = staples winning (caution)
Why investors watch it: Households are ~2/3 of the economy — this is the market's live vote on whether consumers feel flush or defensive
Currently neutral — held 1 trading day. Neither side winning — the consumer vote is split Last change: Jul 9, 2026.
What would flip this reading: This reading shifts toward a new trend as it crosses its 21-day average (1.38); today it sits 1.7% away.
Flip history
| Date | Change | Reading |
|---|---|---|
| Jul 9, 2026 | bearish → neutral | 1.4 |
| Jul 8, 2026 | neutral → bearish | 1.37 |
| Jul 6, 2026 | bearish → neutral | 1.4 |
| Jul 2, 2026 | neutral → bearish | 1.38 |
| Jun 30, 2026 | bearish → neutral | 1.41 |
| Jun 19, 2026 | neutral → bearish | 1.38 |
| Jun 18, 2026 | bearish → neutral | 1.41 |
| Jun 10, 2026 | neutral → bearish | 1.33 |
| Jun 5, 2026 | bullish → neutral | 1.38 |
| May 22, 2026 | neutral → bullish | 1.41 |
| May 16, 2026 | bullish → neutral | 1.38 |
History of state changes only — not a prediction, and not a claim about what followed. Data via Yahoo Finance.