WEEKEND UPDATE FEB 19 2023 - WEAKNESS CREEPING IN, CRITICAL WEEK
S&P 500 ( SPY ) - Bull Uptrend
Nasdaq100 ( QQQ )- Bull Uptrend
Russell2000 ( IWM ) - Bull Uptrend
Gold ( GLD ) - Bear Downtrend
US 30yr Treasury Bonds ( TLT ) - Bear Downtrend
US Dollar ( UUP ) - Bear Rally
US Real Estate ( IYR ) - Bull Uptrend
Broad European Equities ( VGK ) - Bull Uptrend
India ( INDA ) - Bear Downtrend
Broad Asia Equities ( VPL ) - Bull Pullback
China A-Shares ( ASHR ) - Bull Pullback
Emerging Markets (EEM) - Bull Pullback
Wheat Futures (ZW) - Bear Rally
Corn Futures ( ZC ) - Bear Rally
Soybean Futures (ZS) - Bull Uptrend
Silver ( SLV ) - Bull Pullback
Natural Gas Futures ( NG ) - Bear Downtrend
Volatility Levels
S&P 500 - 20.01 - Choppy Market
Nasdaq100 - 25.82 - Choppy Market
Russell2000 - 23.10 - Investable Market
S&P 500 Volatility Structure - Normal Contango Structure
VIX 9-Day - 16.94
VIX Short Term - 19.61
VIX - 20.01
VIX Long Term - 20.68
Now, here is the list of individual ETFs and individual names are showing strength.
Strongest of our ETF universe
EWI
NIB
CANE
DBA
IWM
Strongest of our ETF Leveraged/Inverse Funds
NAIL
DFEN
RETL
SOXL
HIBL
MIDU
DRIP
TYO
TMV
WANT
FAS
DUSL
TQQQ
TNA
TTT
Strongest of our Equities universe
WYNN
BBIO
AYX
URI
IPGP
CINF
BLDR
OMC
MPWR
BWA
PH
RE
ULTA
GWW
MKTX
GE
STT
AXP
MGM
FISV
ADI
UBER
FOX
PNR
CDW
FTNT
BK
GM
PHM
LYB
BKNG
SGEN
ODFL
LW
MCHP
HWM
PCAR
CDNS
NFLX
NUE
ETN
PGR
TSCO
ANET
MS
TMDX
ROKU
IPG
DOV
CBRE
CPRT
AMP
BEN
AOS
NXPI
TYD
CDAY
MSCI
AZO
HSY
RRR
AVGO
HOLX
ALLE
MAR
L
MAS
JPM
ZTS
RF
TXT
PWR
KEYS
ORLY
CLX
TEL
DXCM
HBAN
SNA
OTIS
GPC
SNPS
TT
LMT
IR
LRCX
MSI
HIG
FAST
ADSK
CBOE
ITW
RTX
VMC
CSCO
IT
DFS
FTV
AME
WAB
CMG
LKQ
CMI
ALL
MLM