RRG Charts May 17, 2024 at 12:49 PM
No Confirmation In Volume This week, the S&P 500 is breaking out above its previous high, undeniably a bullish sign. After the initial break on Wednesday, the market held up well on Thursday. However, a few things are holding me back from getting overly enthusiastic... Read More
RRG Charts May 09, 2024 at 07:03 PM
The Relative Rotation Graph for US sectors shows long tails for XLE and XLU. Both are on a strong RRG-Heading toward or into the leading quadrant. Also inside the leading quadrant are XLB and XLI, though they have rolled over and are starting to lose a bit of relative momentum... Read More
RRG Charts May 03, 2024 at 07:10 AM
All on the Same Track... or? The difference between equal-weighted sectors and cap-weighted sectors is obvious. Namely, the cap-weighted variant is much heavier and is impacted by the changes in some heavy-weight, often mega-cap, stocks... Read More
