Macro-monday
in todays Macro-Monday video we look at which sectors are poised to outperform using the Chaikin Analytics ETF Comparison Tool. While we continue to see more sectors with improving Power Gauge ratios the strength remains mostly in defensive sectors as seen above in our weekly sector comparison chart. Following our full Macro-Monday analysis, we add a bullish trade in the XLF via CitiGroup $C. We added a long call diagonal to our simulated bullish options trades. A long call diagonal is a two legged trade, with the furthest dated option being the long leg, selling an out of the money call in the front month agains it. Our hope is to roll the short month a time or two, generating credit to reduce our cost basis in the long dated in the money call option. See our Monday video, including how we set up our trade in CitiGroup HERE
RSS Feed