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SPDR Consumer Staples Select Sector Fund ETF (ETF:XLP) - Carter Worth And Mike Khouw's XLP Trade

SPDR Consumer Staples Select Sector Fund ETF (ETF:XLP) - Carter Worth And Mike Khouw's XLP Trade
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Mike Khouw , Carter Worth , Consumer Staples Select Sector , கார்ட்டர் மதிப்பு , நுகர்வோர் ஸ்டேபிள்ஸ் தேர்ந்தெடுக்கவும் துறை ,

A Pullback Still Looms


A Pullback Still Looms
For the market as a whole, my view has not changed since mid-April, so let s look at the ARKK of the market.
Stocks quotes in this article:
QQQ,
ARKK,
XLP
I don t believe there was an indicator that changed during Wednesday s market.
Breadth hovered near flat and closed just the other side of positive. But it wasn t enough to move anything. The only noteworthy statistic is that there were fewer stocks making new lows on Nasdaq for a second day.
What did change was the number of questions I got on the utes utilities. Exactly one week ago, I showed the chart of the utes, and explained they had been red for six straight days which made them short-term oversold. I thought they should rally and come back down. So far, they are doing just that. ....

Consumer Staples Select Sector , நுகர்வோர் ஸ்டேபிள்ஸ் தேர்ந்தெடுக்கவும் துறை ,