Contrarian data point – $Energy stocks starting to price in recovery. Despite front month $Crude collapsing this week, ZERO stocks in the $SPX Energy Sector traded to a 52-week low. @StrategasRP pic.twitter.com/ZRtkq1LnPd — Chris Verrone (@verrone_chris) April 24, 2020 Today’s Chart of the Day was shared on Twitter by Chris Verrone of Strategas Research (@verrone_chris). […]
Chart of the Day – Wednesday, April 8th, 2020
Best rally for Energy by a mile. pic.twitter.com/f97Ax7Qgve — Strategas (@StrategasRP) April 8, 2020 Today’s Chart of the Day was shared on Twitter Strategas Research (@StrategasRP). It’s a chart of the S&P 500 Energy Sector over the past three decades, along with a 10-day rate of change indicator below it. Energy has been a clear […]
Chart of the Day – Wednesday, November 13th, 2019
Consumer Discretionary vs. Consumer Staples is displaying characteristics of a downtrend. Even after removing $AMZN weighting from the argument by looking at EW ETFs. $RCD $RHS $SPY pic.twitter.com/gC5YaPedQR — Shane C. Murphy (@murphycharts) November 13, 2019 Today’s Chart of the Day was shared on Twitter by Shane Murphy (@murphycharts). It’s a ratio chart of the […]
The Lifeblood of Bull Markets: Sector Rotation
We spent a lot of time this year talking about “the safety trade.” We used this term to describe the outperformance we were seeing from some of the defensive sectors of the market, namely Utilities, REITs, and Consumer Staples. These three sectors are now falling out of favor as investors rotate into more cyclical, “risk-on” […]
Factor Battle
Over the last two trading sessions, there has been a lot of buzz around the performance between two “corners” of the market. However, these are not stocks in a specific sector or industry, but instead, we are talking about the returns among factors. And two factors in particular: Momentum ($MTUM) and Value ($RPV $SPYV). If […]