The Spain Titans 30 and the US Aerospace & Defense ETF appear quite similar Man stares at chart of ES30 (accidentally, I might add) and remembers something else that he was staring at just yesterday that looks a lot like it. What do they have in common? Beats me. But whatever it is it’s showing up in the charts. For “best of breed” top down … Continue reading What do Spain Titans and US Defense Contractors Have in Common?
 After writing the below I realize it is not making any hard conclusions and does not necessarily even know what its point is. Consider it an exercise by one market watcher to just toss around thoughts. Lately the market has chosen to fear rising long-term yields even though those same yields have been the guide to the bullish market for nearly a year now. … Continue reading NFTRH+; Yields and the Macro