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…
It was my one and only short position (currently very high cash is now the risk manager), and it was taken on a top tick but not on a setup,…
From the Trade Log on June 5: I took my first short today, against the US Materials sector (XLB) as it rises hysterically to near the previous highs and fills…
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…
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.…
This update, which started as an NFTRH+ update is being sent to the entire list because it works as a macro update as well. A reminder that the option to…