With the 10MA above the 40MA it's showing strength.
May through Oct is best time to be long XLP.
still bullish with normal volatility. Nice place to add.
Due to Apple heavy weighting, this is a drag on the Nasdaq as the 10 MA went below the 40 which is a sign of bearishness. However it is not matching up with the SP500. Therefore keep a close eye, but I suspect a bullish trend to return. Reasonable valuations, cheap oil, easy monetary policy.
10 MA > 40 MA easy monetary policy. Remain a bull. Relax.
No need to panic. The 10 MA is still above the 40 MA, and as long as that is true don't give up the ship.
Easy monetary policy once again. The movie replays all by itself.
On a DCF basis SCX is worth $20. Technically the stock is poised for a breakout.