More Thoughts on This Being the Market’s 4th Consecutive Up Year
2012-10-02 · by Brandon J. Ferro · in Analogs, DJIA, Equities
Defense Industry Ready to Out-Perform?
2012-10-02 · by Brandon J. Ferro · in Defense, Equities, Ratios, Sectors, Spread Trade, Technical Analysis
The chart below plots the ratio of the DJ Defense Index vs. the SPX. From its 2009 highs to its recent lows the ratio declined by ~40% as defense companies have under-performed the broader market materially. The decline in the…