WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Late Summer

Late Summer

Events

UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
* Wed. Sept. 26 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. Oct. 5 @ 8:30 am ET ~ Employment Data
* Mon. Oct. 8 ~ Canadian markets closed for Thanksgiving Day Holiday
* Thurs. Oct. 11 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. Oct. 17 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. Oct. 24 @ 2:00 pm ET ~ Beige Book Report
* Tues. Nov. 6 ~ U.S. Midterm Elections
* Thurs. Nov. 8 @ 2:00 pm ET ~ FOMC Announcement
* Thurs. Nov. 22 ~ U.S. markets closed for Thanksgiving Day Holiday & NYSE closes early @ 1:00 pm on Fri. Nov. 23
* Wed. Dec. 19 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
* Tues. & Wed. Dec. 25 & 26 ~ Canadian markets closed for Christmas & Boxing Day Holidays
* Tues. Dec. 25 ~ U.S. markets closed for Christmas Day Holiday & close early @ 1:00 pm on Mon. Dec. 24
*** Click here for link to Economic Calendars for all upcoming events

IMPORTANT BLOG POST UPDATES...
* Trade Wars have escalated and now include diplomatic wars PLUS President Trump is cannibalizing prior U.S. market gains with his tariff tantrums against its world trading partners, while destabilizing a delicate world market balance

Wednesday, August 22, 2018

Nine-Year U.S. Bull Market Money Flow

The first three of the following graphs depict percentages gained for the Major U.S. Indices during three time periods, namely:
  • since March 6, 2009 (the bottom of the 2008/09 financial crisis), 
  • since November 8, 2016 (the Presidential election), and 
  • year-to-date.

Generally, traders/investors have favoured technology, small-cap, and transportation indices over the large-cap and utilities indices...indicating a stronger preference for risk over value, which continues to today.




The next three graphs depict percentages gained for the nine U.S. Major Sectors:
  • since March 6, 2009 (the bottom of the 2008/09 financial crisis), 
  • since November 8, 2016 (the Presidential election), and 
  • year-to-date.

Until this year, traders/investors have favoured consumer cyclicals, technology, industrials, health care, and financials. However, this year, industrials and financials have fallen out of favour, leaving only a risk-on environment in consumer cyclicals, technology, and health care, while the remaining sectors are roughly flat or under water, in comparison...indicating a reduced appetite for risk.

As I mentioned in my post of August 15, U.S. and world financial markets may hold the key as to whether or not this bull market continues to advance for the remainder of the year. Keep an eye on those, along with the USD and other factors mentioned in that article for confirmation, or not, of such a scenario. 

As well, watch for any reallocation of money from consumer cyclicals, technology, small caps, and transportation, into large caps, utilities, consumer staples, materials, and energy, if markets shift from a riskier to a more defensive posture.