by Chris Kimble | Aug 6, 2018 | Kimble Charting
The consumer has always been a good gauge of the U.S. economy. Similarly, investors can gauge the health of the stock market by looking at consumer stocks. One way to gauge this is to look at the ratio of the Consumer Discretionary Sector ETF(NYSEARCA: XLY) to...
by Chris Kimble | Jul 6, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Discretionary/Staples ratio has been in a solid uptrend over the past 8-years, inside of rising channel (A), which sends a bullish message to the stock market. It has been especially strong in the past 2-years. These rallies now have the...
