Yesterday I discussed the sector rotation since the presidential election results on Nov 9th: I sincerely have no idea whether the rotation out of growth stocks, primarily Tech, and “yield-ers”… Consumer Staples, Telco and Utilities, …
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On November 11th we laid out the case that from a technical perspective XLE, the energy stock etf, had the potential to hold its uptrend and make new highs for 2016. We expressed that view …
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I sincerely have no idea whether the rotation out of growth stocks, primarily Tech, and “yield-ers”… Consumer Staples, Telco and Utilities, into Banks, Industrials, Materials and Oil stocks is healthy with the broad market at all …
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A few weeks ago, when Crude Oil was in the low $40s we made the case that large cap oil stocks were showing great strength relative to the commodity, and the XLE, the Energy Select …
Continue readingHere are some apparently directional untied options trades that caught our attention in today’s trading: While WTI Crude has been fairly range-bound, trading between $40 and $50 since late April, the commodity is finding some technical …
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Yesterday the S&P 500 (SPX) did something it has not done since October 2008 when global markets were in the throes of the worst economic and market crisis since the Great Depression, it closed down …
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To state the obvious, after a long Summer dirt nap, volatility has picked up over the past 2 weeks after the SPX fell quickly through its 50 day moving average before finding support at a …
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ECB and OPEC are the stories of the day. Sadly, I have little intelligent to add. So I won’t attempt to opine on what Mario Draghi, or the Saudi’s did or didn’t do. All I …
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Last month, the Fed floated a June raise trial balloon. On May 16th, expectations for a June hike sat at a 4% probability. After the trial balloon they shot up to a 34% chance by May …
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The OPEC meeting came and went this past weekend, and as the investment world is well aware, after a sharp but brief drop yesterday, Crude Oil is trading very near the levels where it closed …
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