US Consumer Spending Posts Solid Advance in June
U.S. consumer spending, which accounts for 70 percent of the economy, experienced positive growth in June – the fourth-straight month of its advance.
According to Commerce Department figures released on Tuesday, consumer spending grew +0.4% in June. Durable goods spending, adjusted for inflation, climbed +0.4% (following previous month’s +0.6 %). Household expenses on services, adjusted for inflation, rose 0.4 % (after a +0.1% increase in prior month).
Consumer spending’s strong advance corresponds with a solid labor market and lower taxes. Disposable income (i.e. income adjusted for taxes and inflation) increased by + 0.3% - the fastest in three months.
IYC's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for IYC turned positive on September 11, 2025. Looking at past instances where IYC's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 11, 2025. You may want to consider a long position or call options on IYC as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYC advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 326 cases where IYC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IYC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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Category ConsumerDiscretionary
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