The Seasonal Buy Signal is on Hold. The bull market is still in waiting.
Below we show a correlation matrix of some of the more popular US ETFs. As a reminder, the closer the correlation is to +1 the stronger the positive relationship. And the closer the number to —1 the stronger the negative relationship. How can we use this knowledge? Two ways: Diversification. One of the tenants of Read more ➝
Oil prices usually enter a weak period starting in September. Is it playable? Seasonality holds true this year so far. Trades in defensive sectors doing well so far.
The slower moving MACD indicator applied to NASDAQ turned negative. Proceed with caution for the next 4 months.