Yogigolf

The rotation out of defensive stocks?

XLP/SPY  
XLP/SPY  
While the markets were red across the board the defensive stocks XLP ( consumer staples ) had the worst day which looks like it could be the start of a sector rotation back into growth. As you can see every time the market is crashing correcting or having turbulence XLP outperforms SPY. We were in a large counter trend rally during this correction which looks to be reversing now which could be marking the low for the S&P500.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.