• 1,234 days Will The ECB Continue To Hike Rates?
  • 1,234 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,236 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,636 days Could Crypto Overtake Traditional Investment?
  • 1,640 days Americans Still Quitting Jobs At Record Pace
  • 1,642 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,645 days Is The Dollar Too Strong?
  • 1,646 days Big Tech Disappoints Investors on Earnings Calls
  • 1,647 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,648 days China Is Quietly Trying To Distance Itself From Russia
  • 1,649 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,653 days Crypto Investors Won Big In 2021
  • 1,653 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,654 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,656 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,656 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,660 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,660 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,661 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,663 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

A Leading SPDR Sector Looks to Roll Over

It happens to all of us, including strong sector trends, father time catches up with us and we get tired very easily.

The SPDR Health (XLV) sector has exhausted buyers, and it does not help with negative fundamental news of Obama care issues.

A test of support is highly likely. Demand looks weak. Maybe time to rotate your health sector stocks into gold mining stocks. Just a thought!

In the chart below:

RTTSteps, RTTTrendStatus, RTTNetVolume

XLV

Investing Quote.

"After exhaustive researches and investigations of the known sciences, I discovered that the Law of Vibration enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware either." ~ William D Gann

"I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend." ~ Martin Zweig

"October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." ~ Mark Twain

"The four most dangerous words in investing are 'This time it's different'." ~ John Templeton

"Money can't buy you happiness but it does bring you a more pleasant form of misery." ~ Spike Milligan

 

Back to homepage

Leave a comment

Leave a comment