In our December 11th Keys To This Week report, we pointed out an emerging buying opportunity in the the SPDR S&P Aerospace & Defense ETF (XAR), and said:

“…a sustained rise above the 82.84 October 23rd high would indicate the uptrend is resuming and would target an additional 6% rise to 86.60 per share.”

Here is the chart from that report:

XAR: August 2017 through December 8th

The next chart, an updated version, shows that our $86.60 per share target was met this morning, January 12th, to capture a $4.56 per share, 6% advance in just a little more than 1 month.

XAR: August 2017 to January 12th

In addition, XHB outperformed the benchmark S&P 500 (SPX) by 1.0% during this holding period.


We publish these notifications for 3 reasons:

  1. to let Asbury Research subscribers know when to consider taking profits on existing positions,
  2. to let non-subscribers track what we are doing in the market, in real time, and
  3. to make everyone aware of a potential upcoming price reversal as price advances often end as upside targets are met and more savvy investors take profits.


Asbury Research subscribers can view our latest research on the US stock market, market sectors, US interest rates, ETFs and commodities, as well as a table with our current picks in US stocks, ETFs, and global indexes, by logging into the Research Center via the big gold button in the upper right corner of the screen.

Subscribers and interested investors can view our most recent closed out trade ideas by Clicking Here.

To non-subscribers:  Request more information about us, including service and pricing options, by visiting our Contact Us page or by calling 888-960-0005.

Invest like a Professional. Get Started Today

Don’t miss any more opportunities. Sign up today and see how Asbury Research can give your investments the edge they need in a turbulent market.
Start Today!