Thursday, February 21, 2013

THE TURN?


Here is an interesting chart I've posted before showing the XLU as a ratio vs SPX (defensive utilities versus market) and the SPX is also shown here.  If you follow the logic, market participants seek safety and more defensive holdings and sell the market in scary times.  They sell their defensive stuff and go into the market when they are bullish leading to a decline in the XLU:SPX relationship.

We appear to see a turn here where investors have begun looking for safety instead of a face-ripping rally.  Hope Joe 6 Pack didn't get all in last month.





GOATMUG

Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments athttp://www.goatmug.blogspot.com/

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