Commentary

1/26/21 Current Signals and Sectors

The last table shows results over the past 63 days if the next day CO (for SPY) is positive. x6 has a win rate of 70% for the two out of seven days that happened. That means that 70% of the 15 sector ETFs had positive returns OC, which is 21 positive out of 30 readings (.7 * 30).

That suggests that current longs can look around for something else to worry about today other than imminent threats to the value of their stock portfolios.

Over the previous 189 day period (3 * 63 from 4/27/20) , XRT is the big winner with a natural log return of .8, followed by XHB at .67 and SMH at .61.

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