Materials Sector Hits Target

US Materials Sector is .12 from… Ding!

The US Materials sector, a prime beneficiary of the reflation by inflation that the Fed and government have cooking, is at a measured target. As the government prepares to spend a massive barrel of pork on roads, bridges and infrastructure, Materials of all kinds will be needed.

The Materials SPDR (XLB) has now come .12 from ticking a simple measured target. That is not a stop sign, but it is a target and now it is history because everyone now knows what they did not know a year ago. They know that it’s inflation, reflation and government spending as far as the eye can see.

The question being, how far can the eye see?

xlb, materials sector

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with actionable public content at by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.