We’re always looking for different ways to measure the animal spirits responsible for driving markets higher or lower. In many cases, we do this by examining the risk appetite of one asset class relative to another through a variety of intermarket and ratio analysis. Today we’ll look at the oft-cited Consumer Discretionary Sector SPDR ($XLY) […]
This Market May Have More Legs – 3 Charts from Ari Wald
Ari Wald, Head of Technical Analysis at Oppenheimer, was on Bloomberg’s ‘Smart Charts’ segment with Abigail Doolittle yesterday discussing his current thoughts on the overall market and an individual large cap he is bullish on. The Chart Report previously covered a February appearance by Ari on Smart Charts here and a March Fast Money appearance […]