S&P dividend index is reaching a new relative high versus the S&P 500. The yield chase is still in effect.
Is Biotech ETF IBB trying to form a handle?
Despite the bears claiming an end of the financials rally I still have unmet targets significantly higher. Maybe your favorite idea will set up on a market pull back.
Soft Drinks and Tobacco are starting to break out.
The medical devices/equipment space is breaking out across the board. Lot's of decent setups still remain on a longer term basis.
Airlines set off a trio of sell signals this weekend. They also seem very stretched to the upside.
Energy looks potentially explosive. See the post below on the home page.
Gold miners are firing a relative strength buy. Many are at or near support and possibly creating good risk/reward.
JNK and HYG are continuing to outperform TLT.
XRT has a target ~8% points higher but I can't find many good setups. Maybe it is because cotton is breaking out??
Restaurants have lagged and are now at heavy resistance. It may be a good time to short individual names.
Other currencies are breaking down versus the dollar. Does this mean the dollar isn't a sure bet to continue breaking down?
India, Spain and China are all close to (if they haven't already met) their short term targets.
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