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13 Mar: WTI/DXY Ratio

WTI:DXY comparison chart is one of my favorite macro crude oil charts to look at because it provides a true GLOBAL price of oil adjusted to an entire basket of currencies, not just USD itself.  Once we take a look at the chart above we see just how RARE this drop is on a relative basis.  To put it in perspective, the WTI during $147 peak was 205% the DXY, and now it is just 12%!! (8% at the lows if you count that)…. needless to say this is a generational low.  the bigger issue is its running out of downside room so the bottom is approaching soon…

13 Mar: Gold Weekly

Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In a pure form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits.

13 Mar: VIX Weekly

The CBOE Volatility Index, or “VIX”, is a real-time market index representing the market’s expectations for volatility over the coming 30 days. Investors use the VIX to measure the level of risk, fear, or stress in the market when making investment decisions. Traders can also trade the VIX using a variety of options and exchange-traded products, or use VIX values to price derivatives.

13 Mar: SP500 Weekly

The S&P 500 Index, or the Standard & Poor’s 500 Index, is a market-capitalization-weighted index of the 500 largest publicly-traded companies in the U.S. It is not an exact list of the top 500 U.S. companies by market capitalization because there are other criteria to be included in the index. The index is widely regarded as the best gauge of large-cap U.S. equities.

13 Mar: Nasdaq Weekly

The Nasdaq Composite Index is a large market-cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs), and real estate investment trusts (REITs), among others. The Index’s composition is nearly 50% technology, with consumer services, health care and financials the next most prominent industries.

13 Mar: XLY

The XLY offers exposure to the consumer discretionary sector, making it an appealing option for investors looking to implement a sector rotation strategy or tilt exposure towards corners of the U.S. market that may perform well during a recovery. XLY offers impressive liquidity, cost efficiency, and depth of exposure, making it one of the best ETF options for playing the consumer discretionary sector.