After 3 long years, SDY (dividend stocks) are about to break out. If I am right, this is a good indication we are moving closer to a recession and money is starting to flow to defensive stocks in preparation.
Remember portfolio managers are not like you, buy today sell tomorrow. Purchasing hundreds of billions of dollars without moving the market against you takes a long time.
While I have not said the R word (unlike most bears have been saying daily since COVID) I am getting very close to saying it.
Follow and stay tuned for more.
Remember portfolio managers are not like you, buy today sell tomorrow. Purchasing hundreds of billions of dollars without moving the market against you takes a long time.
While I have not said the R word (unlike most bears have been saying daily since COVID) I am getting very close to saying it.
Follow and stay tuned for more.
Note
The breakout continues as expected. Money is shifting to safety. This is a CAUTION sign for the overall market.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.