Conclusion, Investment Implications, Strategy

We exited our January 16th long/overweight idea in the Real Estate Select Sector SPDR Fund (XLRE), per our SEAF Model, on the close yesterday January 24th for a 3.0% outright loss while underperforming the benchmark S&P 500 by 5.0%.  Per the rules of the SEAF Model, those assets resulting in the sale of XLRE will remain in cash until the SEAF Model rebalances over the upcoming weekend,

You can learn more about our SEAF Model by Clicking Here.