AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

XLY · NYSE

Consumer Discretionary Select Sector SPDR ETF

$117.26

After-hours close+0.08 (+0.06%)

At close$117.19(+1.13%)

Date	Estimate	Reported	Surprise
Dec 2006	$0.47	—	—
Jun 2006	$0.39	—	—
Dec 2005	$0.42	—	—
Aug 2005	$0.38	—	—
May 2005	$0.34	$0.34	0.0%
Feb 2005	$0.46	$0.46	0.0%

Report date	EPS est	EPS	Surprise	Revenue est	Revenue	Surprise
Dec 6, 2006	$0.47	—	—	—	—	—
Jun 2, 2006	$0.39	—	—	—	—	—
Dec 7, 2005	$0.42	—	—	—	—	—
Aug 1, 2005	$0.38	—	—	—	—	—
May 16, 2005	$0.34	$0.34	0.0%	—	—	—
Feb 16, 2005	$0.46	$0.46	0.0%	—	—	—