Seeking Alpha

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

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?
From other sites
Comments (1)
  • muoio
    , contributor
    Comments (2957) | Send Message
     
    Raise cash voraciously---then look to get back.
    6 Feb 2013, 03:20 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs