Headwinds Index: How Long Can Financials Outperform Energy?

Headwinds Index: How Long Can Financials Outperform Energy?

Published by InformedTrades
07-24-2008

Headwinds Index: How Long Can Financials Outperform Energy?

Headwinds Index: How Long Can Financials Outperform Energy?

Two weeks ago, I introduced something I called the headwinds index, a simple ratio of financials (XLF) to oil (USO). It took another week for that index to bottom and the markets to rally, but since that bottom, financials have jumped ...

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