consumer staples – Hedgopia

19 May 2016

Otherwise-Defensive Consumer Staples Likely Not Safe Haven This Time Around

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

XLP, the SPDR consumer staples ETF, just made a new all-time high on May 10th before backing off, and coming down hard. In contrast, most major U.S. indices peaked last year, and some even earlier, like the Dow Transports, which … Continued

26 Jan 2015

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

by hedgopia | 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