EC Fiscal Fitness

In spite of lifetime highs in most areas, the financials continue to look vulnerable. I mean, not everyone can be Netflix and Amazon, right? Anyway, the Analog From Hell is still utterly intact on the XLF:


Looking closer, there still haven’t been any crossovers on the moving averages. But, goodness gracious, there isn’t exactly a ton of room for error.


Stripping away everything except the exponential moving averages, and looking at the entire history, you can see how this looks – – what’s the word? – – vulnerable.


Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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