discretionary to staple spendimg has reached a zentith

2022년 12월 30일

we are at a point where the use of credit to purchase staples has outpaced the use of cash to purchase other goods. the expense of debt in discretionary goods has reached an inflection point with the expense of transaction in basic supplies. the chart is at a high. the sell signal is in. count on the cost of goods being relatively cheaper, and that being bad for sales. bearish for broader market.

2023년 1월 12일

노트

the way things look im guessing were back up over $165 xly by sep. 23 but still bearish year over year xly

and were back below $65 same date range xlp but still bullish on the quarterly