23 Aug 2017

XLY Bulls Deny Completion Of Double Top – Comparatively, RCD Fares Poorly

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

XLY (SPDR consumer discretionary ETF) saves a potential breakdown – for now, and just in time. On June 5 this year, XLY (89.36) rallied to 92.14, before retreating.  Seven weeks later, on July 27, it rallied to 92.55, only to … Continued

6 Nov 2015

XLY Weekly In-The-Money Naked Call Write

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

The importance of consumers in the U.S. economy cannot be stressed enough.  Real personal consumption expenditures (PCE) accounted for 68.6 percent of gross domestic product in the third quarter.  Five decades ago, PCE’s share was nine points lower. Put another … Continued