Financial Sector (XLF)

Sectors overall in rough shape, but promising charts emerge.   Today the market made a dramatic turnaround off of its lows of the day. It was a much needed boost for the market which had yet to produce a green day even once in the previous five trading sessions. However, I’m concerned that it could be

Old and broken trend lines trying to stall out the current market rally.  The market is trying to sell off, though since the 2:30 turn, the bulls have been on an ungodly buying spree, wiping out half of the day's losses, and inspiring the bulls that the worst may be behind it. Where this market

Technicals are pretty much a disaster for all the sectors. Except for Staples and Utilities, which are actually on the up and up, but that is to be expected when the street is looking for safe havens for its capital.  The bulls have suffered for five weeks strong, and it is showing on the charts

Sectors bullish as  a whole, but still with some notable laggards. Financials suck, I’ve played them sporadically throughout the year, and every time, the gains have meager. Energy I have been incredibly skeptical of, though I have played them with much more success, I have stood by on its current rally because the sector itself

Sectors as a whole remain bullish, despite recent market pullback.  The two sectors that I like the least are the financials and the materials. Both of them look problematic, and the financials are showing more weakness today, despite already being oversold. 

Sectors as a whole support the market’s move to new all-time highs.  Outside of Energy and Materials, the sectors as a whole have shown some solid trend-lines and a willingness to push higher going forward. 

Most of the sectors are showing sideways trading patterns.  The market isn't entirely untradeable but it is getting pretty darn close to it. I'm finding the breakout plays to be more difficult than most, and instead focusing on the stocks that are forming a base and coming out of that base, following a sell-off. Most

Reviewing the sector charts - there is plenty to like, from a bullish perspective.  Pretty much every sector I looked at, I could find myself a reason for why there could be a bullish take on it. So overall, the charts aren't all that bad. What I am  concerned with more than anything else, is

Half the sectors look solid – the other half, not so much.  Technology continues to be the place to trade. The thing I have to be careful of is that I don’t get overloaded in that sector, because we have all seen the days where tech is selling but nothing else. So while it is

The one sector that I have had little to no interest in buying over the large part of this year has been financials. Sure, from time to time I have dabbled in them – some successful, some not so. However, they have been one of the least traded sectors for me and that doesn’t look