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 … Continue reading Materials Sector Hits Target

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NFTRH; 3 Sectors That Have Already Taken Back the Trump Rally and a Juxtaposition w/ SPX (medium priority)

The theme for a bear case has been to take back the Trump rally in 2019, using SPX 2100-2200 as an example. Very simply, that would take SPX down to the massive support area that launched the Trump rally after the US election in late 2016. Now, consider that an H&S top could be taking place. With the over bearish sentiment that whipped up, the … Continue reading NFTRH; 3 Sectors That Have Already Taken Back the Trump Rally and a Juxtaposition w/ SPX (medium priority)

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NFTRH+; Materials Sector @ Target (public post)

Looking through the old charts, here is another one hitting target. Nearly a year ago we had an NFTRH+ update on XLB showing a pullback buying opp. in the 51s. The rest as they say, is history. I currently hold one specialty materials company (CBT) and recently sold another (MTRN) for paper and realized profits, respectively. Before that I somehow managed to take a small … Continue reading NFTRH+; Materials Sector @ Target (public post)