Relative Rotation Graphs® / RRG® are a unique visualization tool that helps investors keep track of multiple securities against a benchmark and against each other. They show the BIG picture in ONE picture.
Unique charts that allow you to visualize the relative strength and momentum for a specific group of stocks, ETFs or other securities
How to break down a sector into industries with #RRGchart on @Stockcharts #trading #investing #stocks #stockmarket #sectorrotation https://stockcharts.com/articles/chartwatchers/2020/02/picking-industries-from-sector-14.html
#RRGchart and Seasonality is a very powerful combination which picked up the outperformance of $XLY over $XLV going into February #trading #investing #stocks #stockmarket https://stockcharts.com/articles/rrg/2020/02/rrg-seasonality-is-a-very-powe-493.html
Some Long and Short ideas from #RRGchart https://stockcharts.com/articles/rrg/2020/06/some-long-and-short-ideas-from-563.html
#RRGchart is perfectly suited to keep an eye on Asset Rotation all in one picture. Following some questions I received in the mailbag from my Sector Spotlight show on @StockchartsTV @Stockcharts I slightly changed the universe that is available as a pre-defined universe for RRG #trading #investing #stockmarket https://stockcharts.com/articles/dont_ignore_this_chart/2020/02/two-changes-to-the-asset-alloc-309.html
In this article, we are going to take a look at commodities using Relative Rotation Graphs and the Bloomberg commodity index family. When possible, I prefer to use data-sets that come from the same family and creating a "closed universe." This is a universe where all securities on the RRG together make up the benchmark that is used for comparison. For the US sectors, we often use the 11 SPDR ETFs and compare them against SPY. All these ETFs together make up SPY. For commodities, we can achieve a similar setup by using the Bloomberg commodity index family...
The creator Relative Rotation Graphs, Julius de Kempenaer, walks you through where to find RRG charts on the StockCharts website and how to set them up.Visit...
#RRGchart shows interesting rotation for $NOV: This Energy Stock is Turning Around https://stockcharts.com/articles/dont_ignore_this_chart/2019/12/this-energy-stock-is-turning-a-326.html#.XgYclD5UVHI.twitter
The chart above shows the weekly rotation for the Materials sector, XLB, within the universe of US sectors against SPY. After the tail turned upward inside the lagging quadrant, XLB kept up with the performance of SPY and moderately outperformed the market until the sector started to lose relative momentum again in the week of 21 Jan and 28 Jan when the tail started to roll over downward again without having reached the leading quadrant. This loss of relative momentum, declining Jdk RS-Momentum, is still ongoing and pointing the tail on XLB towards the lagging quadrant...
When markets are flying all over the place and volatility spikes, it is always a good idea to try and get a bigger picture perspective. #RRGchart will help you with this. Loading up international #stockmarket indexes on #RRGchart will provide you with an international view. @stockcharts #trading #investing #stocks #sectorrotation https://stockcharts.com/articles/rrg/2020/03/use-rrg-to-help-you-put-recent-839.html
Use @Stockcharts #MarketMovers widget together with #RRGchart to quickly see where the action is #trading #investing #stockmarket https://stockcharts.com/articles/dont_ignore_this_chart/2020/02/use-rrg-to-get-a-grip-on-where-130.html
On the daily Relative Rotation Graph for US sectors, the rotation of Financials stands out. The tail is relatively long, indicating that there is good momentum behind this move, The bad news is that the rotation is taking place inside the weakening quadrant and has almost reached the lagging quadrant. Based on the position and the length of the tail on the Relative Rotation Graph a crossover into the lagging quadrant seems only a matter of days. When this happens, XLF will be inside the lagging quadrant on both the weekly and the daily...
The Relative Rotation Graph for US sectors is showing a split picture. On the right, we have Utilities, Real-Estate, Consumer Staples and Healthcare. With the exception of Real-Estate maybe, these are generally accepted as "defensive" sectors. All other sectors (7) are positioned to the left of the benchmark (SPY). Not only is this universe split in terms of Jdk RS-Ratio level, but it is also split in terms of RRG-Heading. All sectors at the right-hand side of the graph are heading lower, primarily on the Jdk RS-Momentum axis and less so in terms of RS-Ratio...
The Equal Weight sector (@invesco) #RRGchart showing some subtle differences from regular @SPDR #ETF universe. A very clear split between #Staples and #Discretionary for example @Stockcharts #trading #investing #stockmarket #sectorrotation https://stockcharts.com/articles/dont_ignore_this_chart/2020/03/subtle-differences-between-equ-3.html
This Relative Rotation Graph shows the rotation for asset classes over the past 9 weeks. The main observation is that fixed income related asset classes are all inside weakening and heading, rapidly, towards lagging. SPY (stocks) is close to returning into the leading quadrant. The strongest rotation at the moment, Leading-Weakening-Leading, is now shown by Real Estate. This is interesting as Real Estate is both an asset class but, since not too long, also a sector in the equity universe. The asset class RRG shows VNQ rotating at the right-hand side...
The daily RRG for US sectors shows a lot of sectors "hooking" lower and only two sectors that are, still, at a positive RRG-Heading, ie rising on both axes. The chart above is showing a 5-day tail on every sector. if we look at the lengths and trajectories of these tails a few things catch my attention. The first observation is the ultra-short tail on the Technology sectors. XLK is positioned almost ON the horizontal axis and reading from the color just inside the weakening quadrant and it looks like a single dot. This...
One of the choices in the drop-down selection on the Relative Rotation Graphs page is the DJ-industrials (Dow 30 Industrials). This RRG shows the rotation of all 30 Dow stocks against the $INDU. The RRG above shows the daily rotation and highlights the rotation of JP Morgan Chase & Co. (JPM), a heavyweight in the financials sector. This rotation caught my attention as it is moving strongly lower on the JK RS-Ratio scale and pushing further into the lagging quadrant. The reason for bringing up the...
After the sharp sell-off in Q4 of last year, the market (SPY) started to recover from its lows near 235. And IMHO it is still a "recovery" before turning down again as opposed to a "turnaround" back up. This weekly chart above clearly shows that the rhythm of lower highs followed by lower lows is still in play and for a turnaround to become a possibility we need, at the minimum a first higher low, i.e., above 235 or a new high, i.e., above 280, to be put into place. Either possibility will take both time and strength. For the time...
Check out the seasonality for these sectors going into May. https://stockcharts.com/articles/rrg/2020/05/current-sector-rotation-for-th-33.html