Since February, the commodities asset class has surged ahead, overshadowing the S&P 500's faltering performance. This notable shift in market dynamics underscores the resilience and strength exhibited by commodities during this period. Of particular interest are the XLE and XLU sectors, which have emerged as frontrunners since early March. This transition...
All major sectors are strong, confirming SPX strength. There are minor signs of weakness on some charts but nothing serious yet.
Clear sector rotation has been observed a day before CPI data release on Tuesday morning. It seems traders are getting out of Technology ( AMEX:XLK ) stocks and defensive sectors like Utilities ( AMEX:XLU ), Basic Materials ( AMEX:XLB ) as well as Industrials ( AMEX:XLI ) have been climbing up. HIGHLIGHT: The chart depicts S&P 500 ETF ( AMEX:SPY )...
Current environment seems hard to trade in. If you zoom out every now and then, you'll find a lot of Inside Quarterly candles, like $SPY. Not saying market is expected to go up or down, but it's seeking for a (clear) direction. Check your internals/sector ETFs, currently lots of inside's on the quarter: DIA IWM OIH SLX SMH XBI XHB XLB XLC XLE XLF XLI XLP XLU...
Nifty future and banknifty future analysis and intraday plan in kannada. Long term technical analysis of market. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Nifty Sector analysis Outperformers : 1. PSU Banks 2. Auto 3. Pvt Banks 4. Finance 5. PSE 6. Metal 7. Infra Underperformers : 1. Energy 2. Commodities 3. Pharma 4. Realty 5. Media 6. IT
No good picks for today. Still not breaking the bear market. 🟢WEED STOCKS TOP 10 Teradyne Curaleaf Holdings Green Thumb Industries Trulieve Cannabis Corp Canopy Growth Corp Verano Holdings Corp Cronos Group Inc Tilray Brands Inc Cresco Labs Inc SNDL Inc 🔴CRYPTO COINS TOP 10 Bitcoin Ethereum Binance Coin XRP Dogecoin ...
Our 2 leading sectors are Crypto and Space at the moment. While Weed stocks have not shown any sign of recovery yet. Todays stock pick is ETCMY , a space stock that has been underperforming the rest of the sector for a while and is stuck at a support area. Let's compare the index to the stock: Index: Stock: Below a closer look at the 5 sectors. Bright...
right now major indices and the nasdaq especially is banking on semis carrying a significant bounce out of the giant hole they have dug for themselves and us all. it follows that if we can hold 15.80s breaking 16.80s and continue with TRAMA staying over VWMA with both averages rising together that we should hae the go ahead to close the gap around 18.60s (strange...
You can clearly see that Energy has been the leader, and is in fact the only reason why ES isn't below 3600 right now. Consumer discretionary has taken quite a beating all year, likely due to higher input costs. Worth noting is that consumer staples appears to now be joining consumer discretionary in this downtrend. Utilities are behaving as the sector should be...
🏦 Fed did not raise rates today! 🙅♀️ It could have happened but it was unlikely . They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways of saying they will continue to evaluate the situation. All of this should be short term bullish for stocks, ideally into the end of the month. I'll give this a little time to...
Opened for a 0.25 Credit XLE is making a strong move upwards, this filled on the afternoon pullback. If this pulls back in the next few days I will add the call side to turn this into a IC. This will provide me delta neutrality and allow me to play the range from 55-60.
AMEX:XLE Scanning through the sectors I noticed something quite clear, an inverted head and shoulders with a possible retest playing out. This is supported by the laguerre rsi below. I'm expecting prices for XLE to go higher and potentially confirm a megaphone pattern.
Hello traders and investors! Let’s see how the IXIC is doing today, look at the main catalysts and study some sectors! The Nasdaq is still in a delicate situation, but it is recovering nicely. We have a gap to fill 14,823, and despite the crash seen yesterday, the situation is under control. However, if we lose the 21 ema along with today’s low, we might seek...
As the Pandemic progressed, Consumers began to spending on Durable Goods, Home Improvement, Electronics and a host of additional Products to improve their nesting conditions. This dynamic applied to Americans who remained employed through "Stay at Home" Measures. Lower Income Consumers paid down Debt and began Investing via WeBull, CoinBase and Robin Hood....
Hey guys, -- thought I would share some of the stuff I look at on a weekly basis to understand where the market is at. The Main Chart is Sectors Super Strength This Chart shows normalized relative percentage sector strength since 24 June The pink line Shows the S&P500 We can see that Tech and Gold has been doing well since 25 Jun VS other sectors while...
The Study I ran an analysis on monthly stock-market returns over the last 20 years or so, to determine which sector delivered the best median dividend-adjusted returns in each month. December 2020 was the last month included in the study. The sector funds included in the analysis were all equal-weighted, although they don't all use identical methodologies or...