RRG Charts

November 2015

RRG Charts

Strong rotation for AFL within the financials universe (XLF)

by Julius de Kempenaer

Summary MS weakest stock in the universe Don't chase PSA AXP continues to nose-dive VTR accelerating into lagging quadrant BK ready to break higher AFL offering opportunities   In my previous blog, we looked at sector rotation in the US based on the traded (State Street) ETFs. The headline of that article was "Negative sector rotation expected for XLE and XLB" clear enough I thought. However inside the article, the financials sector, XLF, was mentioned as potentially bottoming out against the lower boundary of a trading range of relative strength against SPY Read More 

RRG Charts

Negative sector rotation expected for XLE and XLB

by Julius de Kempenaer

Summary XLE and XLB expected to turn back to lagging quadrant again XLI improving further towards leading XLK holding up well inside positive territory XLP and XLU both weakening but wider rotation for XLU XLF bottoming out in relative trading range? Quick scan The Relative Rotation Graph above shows the sector rotation of US sector ETFs against the S&P 500 index. A quick scan of the picture tells us that the Energy and Materials sectors (XLE and XLB) are showing us the highest JdK RS-Momentum values at the moment, but they are also furthest Read More 

RRG Charts

Big stock rotation among Dow Jones Industrials members

by Julius de Kempenaer

Summary Big rotation among members of the Dow Jones Industrials Index DD came to life surprisingly strong CVX and UTX still expected to rotate back down again to lagging quadrant WMT, CAT and IBM all moving further into the lagging quadrant confirming their relative weakness UNH and AXP entering the danger zone MCD and GE strong inside leading quadrant Initial observations from Relative Rotation Graph Looking at the Relative Rotation Graph holding the 30 members of the Dow Jones Industrials index some obvious areas of Read More 

RRG Charts

S&P Leading International Equity Rotation

by Julius de Kempenaer

Summary Commodities threatening to break down yet again Bond rally starting to fade already, halting turn for the better S&P 500 leading in international equity rotation Quick scan The Relative Rotation Graph above holds a number of asset class ETFs while using VBINX (Vanguard Balanced Index fund) as the benchmark.A first quick observation points to three areas of interest, worth further inspection. All bond related asset classes, IEF, LQD and HYG started to lose relative momentum in the past two weeks. Equities, SPY, on the other hand, picked up Read More