adAstra

The Curious Case of the Stubborn Market Leaders

I think the point is that the chart of XLE exhibited bubble behavior to the upside and currently, bounced off the trendline. Projecting into the future, XLE should be over-correcting to the downside.

While it might prove profitable to invest in XLE near the low of the over-correction, the article also discusses sector leadership. My take is that a small position in XLE-related stocks would be profitable and allow for diversification, but the focus should be on investing in the next market leader.

A cheap dog is still a dog.

Tuesday Outlook: Commodities, Emerging Markets

Definitely seconded.

Thanks so much for the charts and commentary David, and Merry Xmas.

Tax-Loss Harvesting: Trickier in More Volatile Times

You can roll your losses forward so in all likelihood you should sell now and find a better investment.