Sector Rotation Analysis starting from Jan 2021 While 2020 was a wonderful year for many investors, 2021 has been riddled with changes in the stock market thus far. In this analysis, I compared multiple ETFs that track different specific sectors in the market in order to visualize these changes. The periods and commentary are broken down month by month with the...
DOW - represents the mainstay value side of the overall market AMEX:SPY - was once more balanced between value and growth but is now much more heavily growth (specifically tech) weighted QQQ - almost entirely growth, predominantly through tech weighting
Now we are still in zone 60 000 - 52000 and market is in rotates.
After good results published last month (sells dropped in 2020 but still got a positive result, perspectives are better for 2021), Jacquet Metals is getting a positive evaluation. Breaking the 20€ resistance would mean search higher valuations. Invalidated if double top at 20€ today.
A comp of $T and $VZ's stock. Similar setups, with VZ blazing ahead. $T seems a day behind. You can never be confident when playing short-term moves, but you can see the squeeze indicator Ppppin off prior to VZs move and it's doing it for T now. The rotation favors it, and it looks like some shorts might not have closed fast enough. www.marketbeat.com It's...
The Catch-up trade, as IWM and SPX shorten the % distance gained from the recovery.
Apple rallied in December after holding $120. Now it’s back and threatening to break support at that level. The price action is part of the ongoing technical weakness in the smart-phone giant. It had a false breakout in January and a trend-line failure last month. Today we got a clue why: AAPL has cut production of its iPhone 12 mini, according to Nikkei . Once...
Attention is shifting toward industrials as technology and the Nasdaq struggle. Two companies in the space have potentially bullish patterns: Illinois Tool Works and Stanley Black & Decker . ITW is the larger company with a market cap of about $68 billion. It broke out to new all-time highs in August and consolidated for the next seven months. Now the bulls may...
Interesting view for potential USB moves. Eyes now are very sharp. NYSE:USB
Tesla is probably the most prominent stock in the last 12-18 months, surging about 2,000 percent from its peak to trough. But now it may be at risk as sentiment pivots from "new economy" stocks to "old economy" stocks. This chart compares TSLA’s relative strength to the SPDR Consumer Discretionary ETF. (TSLA is now the #2 holding in the sector behind...
Hello guys, today’s day trading analysis will be on BTC There is a very nicely looking volume-based setup called the “Volume Accumulation Setup“ First, there was a rotation in which heavy volumes got accumulated (traded). You can see the volumes on the Flexible Volume Profile indicator below. Then, after the big guys (trading institutions) placed their big...
Massive rotation no evident in the past 48 hours as algorithmic trading programs are attempting to quietly enter positions on behalf of institutions in order to avoid a price shock. At any moment this rotation will turn into a massive open drive either bullish or bearish and will push prices to new levels. Impossible to tell which direction at this point.
It’s not hard to be bullish on Apple given the potential for an iPhone upgrade cycle. But now the unthinkable may be occurring on the tech giant’s chart: a bearish double-top reversal pattern. Notice how AAPL tried to push above its previous high in the early minutes of December 29, only to get rejected. That session and the next three were all the same, with...
Analysis of #CADJPY Hello friends, market at structure level which previously market dropped from several times, I need to careful here I do not like to trade exhausted structures so I will look for a conservative entry on rotating patterns if it happened I hope this idea earns your likes and comments, that will really support me to keep providing you...
Surgutneftegaz is the most undervalued company in the Russian energy sector. A frightening amount of money in the company's accounts. decade in the range of 25-35 rubles... current levels - strong buy... we buy from the current levels, expecting 36.1 in the coming days.
Russian equities look really good at the end of 2020 & 2021-2025! We take into account declining dxy and rising em currencies, sector rotation and increasing demand for commodities in china, with a favorable pace of capex L-shaped recovery in the energy sector... we also expect reduction of political risks in Russia more, than in other em... the recovery of the...
The Investors Business Daily 50 ETF (FFTY) was down 0.5% while the major indexes were setting new records. The rotation was not friendly to growth stocks. Today's rotation was a bit strange because it was not a particular switch in Industry sectors (like Tech to Utilities) but rather a rotation from Mid Cap to Small, Large and Mega cap. Actually VOT (mid-cap)...
Technical analysis From October 19th, we have seen a 26-trading-day downtrend. The second attempt to break the trend was at the 38.2% fibonacci retracement level, which failed. We are now trying to test the same downtrend line (Red arrow), while also testing the 61.8% fibonacci retracement level. The 50sma which is converging with the 50% Fib; which seems to...