By the XLV/SPY ratio and several other indicators, risk is back on in the markets VIX: Deeply depressed from the hysterical April high, indicating complacency High Yield (junk) Spreads: Deeply…
The XLV/SPY Ratio is a bear market indicator when rising The XLV/SPY ratio pits a more defensive, more cyclically insulated sector vs. the broad US market. Its defensive characteristics tend…
The XLV/SPY ratio is a potential risk-off signal, and it is turning back down When Healthcare (XLV) rises vs. the broad market (SPY) it is a risk-off signal. Hence, we…
Defensive sectors like Healthcare, Consumer Staples and Utilities are ticking new highs as the market rotates Market rotation was a theme running through NFTRH 824 last weekend. As recessionary pressures…
The XLV/SPY ratio has not bottomed, so stocks have not topped To this day at least, there is no sign of a market top by the XLV/SPY ratio indicator. XLV/SPY…
A quick look at two items, the guide for a bullish market (QQQ/SPY, also noted in NFTRH 754) and XLV/SPY (which is a defensive sector vs. the broad market and…
...it's a market in trouble. This is a disgusting daily chart of the Healthcare sector ETF, XLV. Especially when you consider that the ratio of said defensive sector is firmly…
I highlight things I see during the week expecting us not to over-react but instead, consider. What I see today is Healthcare (XLV) testing the April low in relation to…
We had a bullish write up about the Semi sector in NFTRH 666(6). Let's call that a wild card among the less defensive market areas due to its growing field…
On May 8th we discussed lesson #1,764,328... That lesson would be: When you think you see something in the markets and your methods have been working do not be unduly…
That lesson would be: When you think you see something in the markets and your methods have been working do not be unduly influenced by things you see on the…
On May 22 this post reviewed... What Healthcare Needs to Do to Go Bullish In that post we reviewed the XLV/SPY ratio, noting the hard 'V' bounce, which has since…
We reviewed the Industrials (XLI) yesterday noting "But the lower low is in and now a bounce to test the SMA 200 breakdown or very possibly the declining SMA 50…
We have been noting that Tech, for example, is 100% intact to its daily, weekly and monthly up trends. As I hold a big chunk of QQQ off of the…