Author Archives: Trendanomics

Trend Trading: SPDR S&P Oil and Gas Exploration & Production ETF

SPDR S&P Oil and Gas Exploration & Production ETF (XOP) is trading, over a 200 day moving average, approximately 38% above The S&P 500 Index (SPX). And The XOP is trading well in excess of a 100% annualized rate of growth, over a 200 day moving average. Comments welcome. Need the charts?

Trend Trading: Freeport McMoran

Freeport McMoran is the number one stock in the S&P 500 Index Looking at a 200 day relative strength moving average of Freeport McMoran (FCX) vs. The S&P 500 Index (SPX), it is trading 90% above. The number 2 ranked stock is Discovery Inc. (DISCA) at 75% above. Tesla (TSLA) ranks number 10, at 49%Continue reading “Trend Trading: Freeport McMoran”