XLE ‘buyer’s remorse’, loses post-Trump election gains
There is a distinct bearish divergence between XLE (Energy Select Sector SPDR ETF) and WTI. XLE has completely reversed it’s post-Trump election gains and is now in the red.
In this chart, their positive correlation.
Buyer’s remorse according to Wikipedia
Buyer’s remorse (or buyer’s regret) is the sense of regret after having made a purchase. It is frequently associated with the purchase of an expensive item such as a car or a house. It may stem from fear of making the wrong choice, guilt over extravagance, or a suspicion of having been overly influenced by the seller.
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