Today's GDP number has confirmed cyclical inflation, with a devalued dollar (not a longterm, more like 5-10 months) of inflation. For those that don't understand how inflationary economic progress without real (nominal) GDP works, it's bad for everyone except the wall-street facilitating primary dealers and broker dealers. It's that easy. Even though good are...
Defensive vs SP500 - Consumer Staples, Uitlities and Real Estate
Episode 9/11 : US (SPX) Sectors Technical Analysis Series - 31st of July 2019 Brief Explanation of the chart ( since everything is labelled on the chart ): (1 minute read) First and foremost : The XLRE Index was formed very recently(2016), so obviously due to the lack of data this analysis should be seen at most as informative . Now, let's break down the...
The Real Estate Select Sector SPDR (XLRE) reached a new All Time High today extending the aggressive bullish run since the start of the year. The candle pattern is very similar to the February - August 2016 when it made a peak after a +28.60% rise and declined below the MA200 with a first stop at -9%. The current price action appears to be following this pattern...
This chart of the U.S. 10s/2s curve and the SPDR S&P Utilities Sector ETF (XLU) is interesting. A few days ago, I was reading a blurb by a well-known outlet about utilities getting "smoked" during the Q4 equity route. Like above, performance is relative to time frame. Additionally, you have to have a deeper understanding about what XLU is and what it can...
REIT's are looking like the first sector to definitively break the big uptrend since December 24th. Big move here breaking out of 2 month wedge to the downside. All momentum indicators are also pointing downward (macd, stochastic) and we've had demark exhaustion signals as well. Easy short entry here.
Addendum Chart with more long-term picture + momentum indicators added on.
This video is the first of many, and I discuss the behaviors of the sectors and potential markets that are poised to trend in the near future. The "freshest" sectors quietly trying to start a new trend are the Industrial and Consumer Discretionary Sectors. The sectors (along with their industries) I think should be on every trend follower's radar are: XLF -...
The SPDR fund tracking the Real Estate Sector (XLRE) has been in a clearly defined upward trend since November 2016. As of the close on May 12, this fund is at the bottom of the cycle which is near a strongly established support. The projected future movements are highlighted below. When we take a look at other technical indicators, the relative strength index...
SPX vs Major Sectors. I added IBB to cover Biotech. Please comment. My understanding at this point is to stay in sectors which have good fundamentals and have been relative laggards. The 3 bottom ones at this point seem to be Financials, Technology and XLU / XLP. Since utilities is a risk-averse sector, so in a pro-growth environment I may want to go with the...
I'm going to start doing weekly price targets for a select few market sector ETFs each week. Here are this weeks targets: SPY: 220 ~ 225 XLF: 22.3 ~ 23.2 XLE: 72 ~ 75 XLV: 68.5 ~ 71.1 XLRE: 28 ~ 30.4 XLI: 60 ~ 63.7