Financials Getting Shaky

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Perhaps my favorite (albeit slow-moving) analog of all time is the financials sector (symbol XLF). In spite of a market that is generally still quite strong, the financials are starting to stall and sputter. Here’s what’s been happening recently:

xlf

Taking a big step back, you can see the “You Are Here” moment in the analog, accentuated in this image by the disgustingly shameless gold digger Louise Linton.

xlfanalog