NFTRH+; 2 short positions explained via daily charts
This morning I shorted TSLA and XLY. With the confidence that readers will not do what I did simply because I did it, I wanted to provide a visual of…
This morning I shorted TSLA and XLY. With the confidence that readers will not do what I did simply because I did it, I wanted to provide a visual of…
I like to see how many angles, how many lenses I can view the market through. Here is one of those angles, the correlation of the ratio between the more…
In other words, an indicator pitting Consumer Discretionary vs. Staples is making a move for market bulls. Was today an April fools joke? If not, an indicator that usually goes…
Just one of a constellation of what seems like 100s of potential market signalers (see SPX/Gold, GYX/Gold, Copper/Gold, TIP & IEF vs. TLT, Junk/IG and on and on it goes...),…
Look at the relatively sad states of the majority of XLY's top holdings. Propping the ETF up? Why, none other than market darling AMZN as the momo money flies right…
If it seems I am all over the map, you are not imagining things. This is one of those days during one of those weeks where a lot is going…
Recently we noted how the XLY/XLP ratio had broken upward from the dome to seemingly challenge the message of the 2003-2007 comparison to the current period (2013-2017). Here is the…