Today's Top Reads
New York Times Year in Pictures
Mixed signals abound. Stock futures are pointing to a sharply higher open after a nasty end to last week. The question heading into years end... will the market recover some of its recent losses? Or are the recent cracks and tests of support a sign that this market is ready to give it up into 2016?
Consumer staples have been sweet smelling since the lows in March 2009. The sell signal before the housing bubble burst on Consumer Staples was a great indicator of things to come.
The buy signal for Consumer staples has lasted the entirety of this 6+ year historic bull market... that is until a sell signal was given recently.