Seeking Alpha
  • Chines33
    $XLU $XLP MLP look nasty $XLF looks fantastic. Been beating this drum for several weeks here. Ahead of these drops that are starting.
    5/30/13
    Reply (4)
    • techwonk: Watch for selloff risk on national banks and large hotel chains after earnings. Not a given, but there tends to be a seasonal cycle.
      5/30/13
    • markrpat: Agree C. But,strength in financials a kneejerk to unsteady fed policy. Very queasy IMHO. Lkg to short at every opportunity into summer.
      5/30/13
    • markrpat: replace "fed policy" with "world cetnral bank policy, and currency disputes"
      5/30/13
    • markrpat: srry to steal the thread - this rotation from defensive stocks to cyclical/financial/energy based on interest rates no promise at all.
      5/30/13