Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The divergence in the performance between junk bonds (HYG, JNK) and the S&P (SPY) is a...

  • Wednesday, February 6, 11:18 AM ET
    The divergence in the performance between junk bonds (HYG, JNK) and the S&P (SPY) is a yellow light to stock bulls, says technician Jon Krinksy, as the move resembles those just ahead of previous big selloffs. Another sign: Relative strength might be shifting to Consumer Staples (XLP) from Discretionary (XLY). Are investors bracing for a pullback?
Track new comments on this story

This news story has 1 comment:

  • Raise cash voraciously---then look to get back.
    6 Feb, 03:20 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)