mbrannigan

WEEKEND UPDATE - JAN 22, 2023 Areas of Strength, but still chop

AMEX:SPY   SPDR S&P 500 ETF TRUST

S&P 500 ( SPY ) - Bear Rally
Nasdaq100 ( QQQ )- Bear Rally
Russell2000 ( IWM ) - Bull Uptrend
Gold ( GLD - Bull Uptrend
US 30yr Treasury Bonds ( TLT ) - Bear Rally
US Dollar ( UUP ) - Bear Downtrend
US Real Estate ( IYR ) - Bear Rally
Broad European Equities ( VGK ) - Bull Uptrend
India ( INDA ) - Bull Pullback
Broad Asia Equities ( VPL ) - Bull Uptrend
China A-Shares ( ASHR ) - Bull Uptrend
Broad Emerging Markets ( EEM ) - Bull Uptrend
Wheat Futures (ZW) - Bear Downtrend
Corn Futures ( ZC ) - Bear Rally
Soybean Futures (ZS) - Bull Uptrend
Silver ( SLV ) - Bull Uptrend
Natural Gas Futures ( NG ) - Bear Downtrend

Volatility Levels

S&P 500 - 19.86 - Investable Market
Nasdaq100 - 24.54 - Choppy Market
Russell2000 - 22.58 - Investable Market

S&P 500 Volatility Structure - MIXED
VIX 9-Day - 18.26
VIX Short Term - 19.96
VIX - 19.86
VIX Long Term - 19.67

Now, here is the list of individual ETFs and individual names are showing strength. Again, there are places to make money, just watch your size and be very attentive and nimble.

Strongest of our ETF universe

EWP
EWI
EWQ
EWN
EWK
VGK
SLX
GLD
SLV
EWU
EWH
ASHR
EWL
VPL
EWJ
IWM
SPY
CPER
SLX
GLD
SLV
XHB
SPHB
FXY
XLB
NIB
XLF
XLE
IWD
QUAL
CUT
XPH

Strongest of our ETF Leveraged/Inverse Funds

YINN
JNUG
EURL
KORU
NAIL
EDC
UGL
SOXL
HIBL
FAS
MIDU
TPOR
DRN
RETL
ERX
LABU
TNA
SPXL
PILL


Strongest of our Equities universe

WYNN
FCX
PDD
GE
LVS
MKTX
TPR
UHS
IDXX
TMDX
BA
BKNG
CSIQ
MELI
KLAC
UAL
SLB
DD
PHM
DHI
CAT
URI
BEN
EFX
ORCL
RL
LEN
HCA
IPG
HAL
ULTA
BWA
MCO
MTD
EQIX
HES
LH
MA
OKE
CDW
AMP
LW
HOLX
VLO
MS
NVR
BLDR
WTW
BLK
OMC
V
MPC
SBUX
MSCI
AVGO
RE
ODFL
IR
IQV
AON
VRSN
PTC
CDNS
MAR
SNPS
CPRT
FISV







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