I just looked at data from Bespoke Investment Group, and the discretionary consumer sector has indeed been under pressure early this year. Amazon and Tesla are the main culprits, down 11.5% and 8.5% respectively. The overall sector has slipped 5% since the beginning of the year.

What's interesting is that, despite these significant losses, 10 out of the 15 largest stocks in this sector are still profitable. So not everything is red; some are still able to turn a profit amid this volatility. The balance between gains and losses in this sector is quite varied when looking at individual stocks.