Honeymoon period nearing it's end historically? The first year of Presidential cycle usually sees a $SPX pause in February as the realities of politics set in after inauguration (Red line)…Sorry dreamers. For more, see our Weekly Survival Guide out soon. pic.twitter.com/lCKyC7T9MY — RenMac: Renaissance Macro Research (@RenMacLLC) January 26, 2021 Today’s Chart of the Day […]
Chart of the Day – Wednesday, July 29th, 2020
What does a weak $ mean for industry groups historically? No surprise materials are improving given history of relationship. We're still bullish on them. pic.twitter.com/UbLIZBt8oc — RenMac: Renaissance Macro Research (@RenMacLLC) July 29, 2020 Today’s Chart of the Day was shared on Twitter by Renaissance Macro Research (@RenMacLLC). Yesterday, we highlighted the US Dollar and the […]
Chart of the Day – Wednesday, July 8th, 2020
Financials on the verge of another relative strength low. Look no further than 10yr yields. Never before has the fate of financials been tied more closely to yields. pic.twitter.com/gH1J9jnXgi — RenMac: Renaissance Macro Research (@RenMacLLC) July 8, 2020 Today’s Chart of the Day was shared on Twitter by Renaissance Macro Research (@RenMacLLC). It’s a chart […]
Chart of the Day – Thursday, April 23rd, 2020
Gold miner ETF making a 7yr high breaking out from a huge base formation. pic.twitter.com/Ru45AodLqo — RenMac: Renaissance Macro Research (@RenMacLLC) April 23, 2020 Today’s Chart of the Day was shared on Twitter by Renaissance Macro Research (@RenMacLLC). The chart shows the Gold Miners ETF, $GDX, along with a ratio chart of $GDX relative to […]