Why I Monitor XLI And XLB As Leading Indicators For S&P 500

Why I Monitor XLI And XLB As Leading Indicators For S&P 500: The author explains why they monitor the Industrial Select Sector SPDR Fund (XLI) and the Materials Select Sector SPDR Fund (XLB) as leading indicators for the S&P 500.

They argue that these sectors are sensitive to economic cycles and can provide early signals about changes in the broader market.