$XLY / $XLP pic.twitter.com/UNncAVd3o6 — RSL (@rsandbachlaw) December 30, 2019 Earlier today, we asked our Twitter followers: What is the most important chart you’re watching heading into the new year? This chart from @rsandbachlaw was one that we thought was worth highlighting. It’s a ratio chart of the Consumer Discretionary ETF, $XLY, versus the Consumer […]
Chart of the Day – Tuesday, December 10th, 2019
$XLY: $XLP An observation for the bear camp, almost. pic.twitter.com/OfXGBlv4NH — Peter Alexander, CMT (@relativetrend) December 10, 2019 Today’s Chart of the Day was shared on Twitter by Peter Alexander (@RelativeTrend). It’s a ratio chart of the Consumer Discretionary ETF, $XLY, relative to the Consumer Staples ETF, $XLP. This ratio is used to gauge the […]
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 $SPY pic.twitter.com/gC5YaPedQR — Shane C. Murphy (@murphycharts) November 13, 2019 Today’s Chart of the Day was shared on Twitter by Shane Murphy (@murphycharts). It’s a ratio chart of the […]
The Lifeblood of Bull Markets: Sector Rotation
We spent a lot of time this year talking about “the safety trade.” We used this term to describe the outperformance we were seeing from some of the defensive sectors of the market, namely Utilities, REITs, and Consumer Staples. These three sectors are now falling out of favor as investors rotate into more cyclical, “risk-on” […]
Chart of the Day – Tuesday, October 15th, 2019
Today’s Chart of the Day was shared on Twitter by Aaron Jackson (@ATMcharts). It’s a ratio chart of the Consumer Discretionary sector ($XLY) relative to the Consumer Staples sector over the past 12-months. When the ratio is rising, it means Consumer Discretionary stocks are outperforming Consumer Staples stocks and vice versa. Aaron points out that […]
