Blue collar v. White collar, Red state v. Blue state or so you think that there will be a recession.

Given the latest market action...you may be thinking that a recession is brewing. If so consider:
long PBY, short TOL

Recession = losing your fancy pants white collar job, not buying the new luxury home = decreased discretionary income = more do-it-yourself auto repair = $$$ for aftermarket parts.

to track the pairs trade click here.

The same old song

Today is about day 73.

Thanks for the memories.

The top 100 stocks closed right on the trendline. Without a meaningful and sustained rally within the next few days, a sharp (and potentially swift) correction likely will occur.

A downer

Is the number of new lows on the verge of expanding?

31 flavors and then some, guide to sectors

Nonexhaustive, draft guide to sectors, arranged by SPY sector groups.

Equal Weighted

• XLB: Amex Gold Bugs $HUI,
• XLE: Phila World Energy $XWE, Phila Oil Explor. $EPX, Amex Deutsche Energy $DXE, Amex NatGas $XNG,
• XLF: Amex Brokers $XBD
• XLK: Phila Internets $DOT, Intellidex Semis $DZE
• XLI: Phila Defense $DFX, Phila Steel $STQ, Amex Airlines $XAL, Amex MS Cyclicals $CYC,
• XLP
• XLU
• XLV: Amex Biotech $BTK,
• XLY

Market Cap Weighted

• XLB: Phila Gold Silver $XAU
• XLE
• XLF: Phila Banking $BKX
• XLK: Amex Internet $IIX,
• XLI:
• XLP
• XLU: Phila Utility $UTY
• XLV: Phila Drug $RXA, Amex Drug $DRG
• XLY: Phila Housing $HGX

Price Weighted

• XLB:
• XLE: Phila Oil $OSX, Amex Oil $XOI,
• XLF
• XLK: Phila Semis $SOX
• XLI:
• XLP
• XLU
• XLV:
• XLY:

What happens when the tide recedes?

A look at some of the largest stocks in the $SPX. Can the $SPX breakout to new highs when weakness seethes through these large caps?

Somebody stop the bleeding.

The US continues to underperform the emerging markets. Is the US becoming the new-Europe?

War: what is it good for?

With the latest commotion over Iran and a potential US/West-Iran showdown, it should be noted that crisis in the Mideast does not necessarily equal higher prices in the energy sector.

The mother of all trendlines.

As goes GE goes the market?