Pie-In-Sky Optimism Risks Hard-Landing

posted in: Economy, Equities | 0

Regardless whether or not it is solely related to the outcome of the November 8 U.S. presidential election, several data points have seen an uptick since. Stocks rallied, with the S&P 500 large cap index up nearly six percent between … Continued

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

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