I realize on a day like this, it may seem the height of insanity to suggest shorting anything, but my raison d’etre persists. The consumer staples ETF, symbol XLP, is up 0.74% as I’m typing this, a far cry from the 2% the Russell is zooming. This is a very clean ascending channel, and I, for one, am shorting it. Into the breach once more, dear friends.
