Monday, February 1, 2016

XLU Continues to Run...02.01.16

At the beginning of the year I mentioned that XLU was one of my favorite sector ETFs going into 2016 and that it was likely to be a long term winner especially if things got shaky in the majors.
That's turned out to be the case so far and our simple M11 model rotating into the top 2 ranked positions among the XLU components continues to make money regardless of whether we use the short term momentum or mean reversion mode....an unusual situation to say the least.
Today's INSIGHT update focuses on using an examination of volatility range to find high probability mean reversion trades.