Today is Monday, October 14th, 2024
Conclusion, Investment Implications, Strategy
The SEAF Model exited it’s October 16th long/overweight signal in the Communication Services Select Sector SPDR Fund (XLC) on the close yesterday, October 26th. XLC declined by 7.0% outright during this period while underperforming the S&P 500 (SPY) by 1.8%.
The SEAF Model retains its October 16th long/overweight bias in the Energy Select Sector SPDR Fund (XLE) and its October 9th long/overweight bias in the Technology Select Sector SPDR Fund (XLK).
Timely alerts and reports for Asbury subscribers which add real-time color and perspective to the broader market themes that appear in our other reports. Asbury Alerts are used to let clients know when important and actionable changes are taking place in the markets, as they happen.
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