This week on Sectors vs. SPY the relative trends say… Daily Financials, Energy and Materials are down. Industrials are breaking down and Technology continues its potential roll over. Weekly agrees that relative trends are down in Financials, Energy, Materials, and with this whipsaw move, Industrials are all down. The trend in H/C continues to look best unless Tech holds its robo-trend, which it is flirting … Continue reading vs. SPY
See… Trump delivers another attack on Fed, calling central bank the biggest threat Here is the entire article (blurb)… President Donald Trump unleashed another attack on the Federal Reserve, calling the central bank his “biggest threat,” in an interview he gave to Fox Business Network. “My biggest threat is the Fed,” Trump said, according to excerpts released by the network ahead of an interview to … Continue reading Trump Bemoans Fed Rate Hikes and He’s Got a Point… Sort Of
USD is one of the central themes around which global stocks, commodities and some US sectors will pivot. It is still playing the ‘above support and below resistance’ game on a daily chart. It is at 95.07 in pre-market as it deals with the SMA 50. The oscillators have flattened out and ADX (14) shows directional momentum flattened out to a similar state to the … Continue reading Uncle Buck 3 Ways; USD Daily, Weekly & Monthly
