US Consumer Hurting Badly
This was not happening last year.
In fact, we haven't seen much of this at all from the Consumer Discretionary sector, which had been a leader for so long.
Many investors aren't old enough to remember a time where Consumer Discretionary underperformed.
Look at this historic structural uptrend in the relative strength for Discretionaries.
This year we're seeing the exact opposite.
We're not in Kansas anymore Toto.
This isn't the "Just Buy Everything" market we were in last year.
And it doesn't have to be.
We don't have to pretend that it is.
There are stocks to own right here. And there are certainly stocks to sell right here.
I'm also looking for some delta neutral positions to balance everything out.
We'll talk about this all on Monday's Premium LIVE Conference Call.
You can register for that here.
I'll be hosting LIVE @ 6PM ET March 18th.
See you there!
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