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
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....
Judging Juniper

Judging Juniper

Juniper Networks is deeply oversold. JNPR is working on its sixth straight weekly decline. Longest streak since Q4 of 2015(5 straight). JNPR has not been this far below its 40W moving average since Q4 of 2014. Daily MACD has not been this oversold since Q1 of 2016. At...
Costco Cruising

Costco Cruising

Costco reaches new all time highs. COST is finishing today’s session at the top of the S&P 500’s gainers list with the help of its second heaviest upside trade of the year. This news inspired surge(China):...