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Energy Continues To Lag

Energy Continues To Lag

Energy has been the worst performing sector for 5 of the last 6 years. The ratio of the S&P 500 Index versus the XLE(SPDRs Select Sector Energy ETF) has reached a 19-year low. Something’s got to give. Hat tip Charlie Bilello
Goodbye August

Goodbye August

The S&P 500 Index will finish lower in August. What happens next? From the desk of Ryan Detrick: The past 14 times the S&P 500 was lower in August? The rest of the year was higher all 14 times.
Recession Ahead?

Recession Ahead?

Not according to the Baltic Dry Index. Baltic Dry Index explained: A change in the Baltic Dry Index can give investors insight into global supply and demand trends. Many consider a rising or contracting index to be a leading indicator of future economic growth....