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Discretionary/Staples Indicator Looking Similar To 2007 Highs!

Discretionary/Staples Indicator Looking Similar To 2007 Highs!

by Chris Kimble | Mar 11, 2020 | Kimble Charting

The Corona Virus seems to have people running to the stores to buy large amounts of certain staples (Toliet Paper, Paper Towels, Water). The chart looks at the Discretionary/Staples (XLY/XLP) ratio over the past 20-years. When investors started selling Discretionary...

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