Wednesday, May 8, 2013

T2 X Sector Rotation...5.8.13

The X Sector model has undergone a reshuffling of rankings as XLU and XLV lose momentum and XLK (tech) and XRT (retail) pick up steam. 
XLE (energy) has also been showing strength as crude bumps and prices at the pump rise once again...just in time for the summer holiday driving season.
MSFT is losing a little juice after hitting multiple consecutive highs although Apple continues its recovery run, the main driver for both QQQ and XLK gains.
XLF continues to make solid gains and we may expect its ranking place to rise in the next few days if the current rally has legs.
 Click once on chart to clarify and enlarge.