Posts Tagged ‘XLP’
Markets Are Messy – Here’s the Proof
Check out the charts below – where we compare Offense to Defense. This is a tool to do a quick check-in on the overall health and direction of the current market. Here, we compare the strength of the S&P 500 index – representing the asset class of U.S. Stocks (growth) to two defensive asset classes…Read More
This Ratio Just Hit It’s Lowest Level in Over a Decade – Should Investors Worry?
Consumer Staples are at their lowest levels relative to the S&P 500 in over a decade. Consumer Staples stocks are defensive stocks – acting as a safe haven during market volatility for investors or institutions that don’t, or can’t, move to cash or bonds. We call these investors the “long only community”. These are companies…Read More
Consumer Staples stocks are making new 52 week relative lows – and I couldn’t be happier!
That’s right, I said I’m happy! Because when Staples make new lows relative to the S&P 500, believe it or not, it’s usually a good sign for the market. We all just witnessed history. Governments around the globe took the unprecedented action of shutting down economies to combat the spread of the COVID19 pandemic. And…Read More