RRG Charts

May 2016

RRG Charts

FCX and NEM drive Materials (XLB) sector. Next up; FMC

by Julius de Kempenaer

The Relative Rotation Graph below holds the constituents of the Materials sector (XLB) and shows the relative rotation of these stocks against XLB. FCX and NEM stand out on this chart, way out to the right, indicating that they are the two stocks with the strongest relative trends at the moment. But there are a few other stocks in this sector that are worth a further inspection. From a sector perspective The RRG shows the current sector rotation for the US sectors inside the S&P 500 index. Despite the recent turn down on the JdK RS-Momentum scale, XLB Read More 

RRG Charts

US sector rotation on the move, not supporting a rise in $SPX

by Julius de Kempenaer

The last RRG blog on US sector rotation dates back to late March, about six weeks ago. Since that post "Bad health (care) for XLV" some of the rotations in play continued while others were not able to maintain their expected rotational paths and moved the other way. The Relative Rotation Graph below shows the current positions of the S&P sector ETFs vis-รก-vis the S&P 500 index (SPY) and each other. Summary XLF and XLV remain weak despite the rise of relative momentum XLK crossing over into lagging quadrant Read More