16 Aug 2016

XLY Breaks Out, Yet Risk-Reward Odds For Now Tilt Toward Risk

by | posted in: Economy, Equities, Technicals | 0

XLY, the SPDR consumer discretionary ETF, acts well.  It just broke out to a new high, as did its top three holdings – Amazon (AMZN), Home Depot (HD), and Comcast Corporation (CMCSA).  These three make up 12.7 percent, 7.3 percent … Continued

26 Jan 2015

Too soon to say if already-crashing ’15 earnings estimates have been cut enough

by | posted in: Commodities, Economy, Equities | 1

As oil price buckles, increase in talk of need to focus on S&P 500 earnings ex-energy Collapse in energy earnings important factor, but SPX ests were too rosy to begin with Sell-side struggles to wrap arms around energy repercussions; hard … Continued