Hey Readers, John T., Editor In Chief of
the Altcoingazette.com here. How are you this
fine day?, I hope all is well with you this
Great Day!
Take a look at the S&P 500 Financial Sector
SPDR ETF XLF. Here is a Barchart link for your review:
https://www.barchart.com/etfs-funds/quotes/XLF/opinion
Notice how last month XLF was a -72% Red SELL and is
now shifted to a +24% Green BUY! Shift happens!
I have been probing this sector recently with some small
purchases of XLF. Reason, as interest rates go up, financials
earn greater profits, thus said profits drive up stock prices?
I like being early in the econometric cycle and adding to
winning trades as they pump, thus the Trend Green Shift is
my Friend! Here is a ETF Constituents list of stock \ stonk shares held
by percentage in XLF ETF! Notice the Bullish Pivot Point Breakout in most of these shares!
Jessie Livermore: "Whenever I had the patients to wait for
the Pivot Point, I always made money in my operations".
Not Investment Advice Ever...Opinion Only!