Scary Looking Chart

This is hardly sophisticated analysis, but I’m struck by how scary this long-term chart of the Consumer Discretionaries ETF ($XLY) looks. I’ve compared it to the SPY.

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The largest holding in the XLY is Amazon which is always dangerous to bet against. But it also has solid Buy List stocks such as Ford ($F) and McDonald’s ($MCD).

Posted by on January 27th, 2014 at 3:09 pm


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