Algokid
Long

SPY Monthly Update 01/2015 : Long....But Getting "Defensive"

AMEX:SPY   SPDR S&P 500
502 1 16
As of yesterday close the S{PY was down - 1.7 % for Jan 2015, and will most likely close lower after the bell. The volatility was pretty high with 16.9 % for the month, offering plenty of opportunity for short term traders. The SPY             remains above it's 200 MA , so this position remain open. However looking at my charts tracking the nine U.S sectors , i see that only three remain positive.

Utilities , Consumer Staples             , and Healthcare are considered "defensive: sectors, recommended* to hold during make down turn in the market. So are investors getting defensive ? we shall see.

Return since signal Jan 2012 : 71.12 % ( as of yesterday close)

Cheers

Algo
Much appreciated. Thanks!
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out