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 […]
Chart of the Day – Wednesday, September 4th, 2019
Today’s Chart of the Day was shared on Twitter by Arthur Hill (@ArthurHill). The chart shows the three defensive sectors of the S&P 500; Utilities, Real Estate, and Consumer Staples. Arthur points out that all three of these sectors are currently at all-time highs. This flight to safety has been going on for the majority of […]
Seeking Strength in Safe Haven Staples
Welcome to our new “Trade Ideas” segment of The Chart Report. In this post, we dive into the Staples Sector and identify two strong stocks that recently broke to new record highs: Church & Dwight ($CHD): Long above $69 / Price Target $83 Pepsi ($PEP): Long above $122 / Price Target $138 The Safety Trade […]
