13 May 2015

Retail ETF shows signs of finally catching up to weakening retail sales

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

U.S. retail sales disappoint again – has not grown four out of last five months Not much correlation between gasoline price and personal consumption expenditures RTH, which had diverged from weakening retail sales, has been weakening past seven weeks U.S. … Continued

13 Feb 2015

XLY, RTH break out — will consumers splurge gas windfall?

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

Retail sales soft in Jan – first back-to-back m/m drop since mid-12 Consumers not quite ready to do away with savings from low gas price XLY, RTH break out, betting consumers will end up spending gas windfall U.S. retail sales … Continued