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XLI Industrials SPDR July Outlook—Oversold conditions are at near-term wash out levels for XLI and we continue to be positioned for a bounce.

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We are remaining long XLI as it is deeply oversold near-term and tactically attractive if we see profit taking from L/T winning sectors XLK and XLC

XLI Industrials SPDR July Outlook—Oversold conditions are at near-term wash out levels for XLI and we continue to be positioned for a bounce. Read More »

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XLI Industrials SPDR June Outlook—Industrials had a rough month in May, but are now back to near-term support in both absolute and relative terms

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We are remaining long XLI as it is deeply oversold near-term and tactically attractive if we see profit taking from L/T winning sectors XLK and XLC.  We also like it as a partial hedge to our short position in XLE.   Our Elev8 Sector Model debuts with an OVERWEIGHT in XLI of 2.46%

XLI Industrials SPDR June Outlook—Industrials had a rough month in May, but are now back to near-term support in both absolute and relative terms Read More »

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