Consumer Cyclicals ETF Channel

Digital ad-dependent stocks have reported a sharp slowdown in revenues.

A number of tech and social media giants, including 175 S&P 500 companies, are set to report quarterly results this week.

The National Association of Realtors blamed the decline on poor housing affordability.

The stock has significant weighting in thematic ETFs tied to everything from media to cloud computing.

Recession fears eased following the release of Census Bureau data from June.

The news pressured homebuilder ETFs, which are down 27% this year.

Nearly 300 ETFs include the electric carmaker in their portfolios.

The company had a rough earnings report last Thursday, followed by multiple analyst downgrades.