I have created another video recap for today’s Daily. The link to watch is below.

The focus is on our Grandma of the Economic Modern Family-Granny Retail. I use the ETF XRT as the benchmark.

XRT is the largest retail ETF but by all means, not the only one. IBUY is another one to look at for more e-commerce names. IBUY though includes companies around the world while XRT is 100% United States.

Hence, XRT is Granny’s moniker as it also offers exposure to many sub-industries with the retail industry, including apparel, drug retailers, departments stores, and computer and electronics retailers.

It’s important to remember that the US consumer makes up approximately 70% of our economy.

Without Granny Retail’s shopping and consumerism, our economy would not be the largest in the world.

(Click on image to enlarge)

Granny Retail, SPDR S&P RETAIL ETF (XRT)  

Fund Type: Consumer Discretionary ETF

Benchmark Index: S&P RETAIL SELECT

Date of Inception: 06/19/2006  AUM $256.96M

Number of retail holdings in the ETF: 89

Expense Ratio 0.35%

Dividend Yield 1.64%

XRT Sector Weights

Top 10 Retail Sector Holdings

Chewy Inc.
Grocery Outlet Holding Corp.
Ollie's Bargain Outlet Holdings Inc
Rite Aid Corporation
Dollar General Corporation
AutoZone Inc.
O'Reilly Automotive Inc.
Costco Wholesal
National Vision Holdings Inc.
Doorash Inc.

ETF Summary

S&P 500 (SPY) 410 pivotal support 397 major support 423 resistance

Russell 2000 (IWM) 190 pivotal support, 180 major support, 199 resistance

Dow (DIA) 339 resistance with 319 major support

Nasdaq (QQQ) 312.50 pivotal support, 301 major support and 325 resistance

KRE (Regional Banks) 64.00 support 68 resistance

SMH (Semiconductors) 222 the 50-DMA support and over 240 better

IYT (Transportation) Through 243 better and must hold 225

IBB (Biotechnology) 123 the 50-DMA support to hold 128 resistance

XRT (Retail) 67.20 must hold on a weekly close. If not, looking at 66 then 65.00 next

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