SPY is just above today's opening price after some very mild softness. Either xFF or xCF plays well OC. The daily signal is x7 now but will be x6 if SPY closes below the open. x7 plays CO well but x6 doesn't.
Day: January 21, 2021
1/21/21 Current Signals xFF/x7 and Sectors
The three unlikely post election sector heroes are KRE, XLE and XRT. KRE is doing about twice as well as XLF. Note that these strong sectors are going counter to the usual OC relative weakness. The big advantage of using natural log returns is that the three periods can be added to get total returns.… Continue reading 1/21/21 Current Signals xFF/x7 and Sectors