Before I make my broader point, here’s a LINK to quite the interesting comparative interactive chart. It shows the utilities ETF, symbol XLU, versus the well-known ETF for the S&P 500, the SPY. You can click on various time frames on the “Range” tab found underneath the XLU title to look at different time frames. [...]
I want to present four links.
1. Commercial real estate is looking weak again. This has been a leading indicator of the stock market and interest rates in both directions for the several years I have been following it. I look most often at AAA.5 and AA.4. LINK
2. The SPY (ETF for the S&P [...]
ORCL had a big “miss” after hours today. So far, the buoyant pre-holiday trade on the Street is treating this as an isolated issue, which may of course be correct given that much of the problem relates to its Sun Microsystems acquisition. But they beat their chest about what a superb acquisition this was, so [...]