XLI has been a critical component of market strength and this weakness is worth noting. XLF has been moving up with XLI and is also in a precarious situation. This week SPY fell from the Upper Cycle to the middle, and today probably to the lower. Specter/FF5s goes long mechanically if x00 appears Monday afternoon.… Continue reading 6/18/21 Probable xLH, XLF and XLI
Tag: XLF
5/10/21 Natural Log Charts
I was working on Excel charts over the weekend. A year or so ago, I had some pivot charts with long and flat strategy return streams where Long + Flat = CC (Buy and Hold). The charts above are not pivot charts and CO + OC = CC. Important observations include: OC (gray line) outperforming… Continue reading 5/10/21 Natural Log Charts
4/12/21 The Homestretch
Looks like value is beating growth which is probably pretty normal behavior if the market is not rising. Guess the players are still shuffling portfolio exposure. If you've been trying to guess when LABU will become great again recently, so far you've been wasting your time. Not surprising to see some interest in XLI and… Continue reading 4/12/21 The Homestretch
3/9/21 Sectors
As long as ludicrous volatility is absent, the market isn't going to do anything really nasty. It is a lot easier to analyze the market when it is between high and lows. The usual Monday night rescue operation has put prices close to the recent 390 SPY reject area. A possible way of evaluating individual… Continue reading 3/9/21 Sectors
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