iShares Expanded Tech-Software ETF vs VanEck Vectors Semiconductor ETF ratio
For Growth Investors, there were a few shocking days over the past months where the indexes went up but our portfolios went sideways or down. There's no worse feeling than having the market go up and have your portfolio go down. The cause was sector rotations as investors moved into "discounted" stocks that were hit the worst during the market crash of 2020...
With another week of earnings in the books, investors are starting to get a better idea of the impact that coronavirus is having on S&P 500 companies. It’s not pretty. For Q1 2020, the S&P 500’s earnings decline accelerated from -14.5% last week to -15.8% (worst since Q3 2009). The fall in earnings can be attributed to cyclical sectors- materials (down 25%),...
Earnings season is well underway. For Q1 2020, 45 S&P 500 companies have reported earnings. Of the companies that have reported, 66% have reported a positive EPS surprise (beat earnings expectations) and 70% of S&P 500 companies have reported a positive revenue surprise (beat revenue expectations). The earnings decline for Q1 2020 thus far has clocked in at...
Sectors in US stock market that did bad / worse against the S&P 500 index since the Covid19 corona virus market crash
Sectors in US stock market that did OK against the S&P 500 index
We have already mentioned that the S & P500 major rally started 57 weeks ago : We are now facing a tough sale. So which sectors were traded on the index or discounted in this process? You can view them from the terminal. I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind: OSX :...
On January 2, I predicted that the SPY would rip higher because of extremely strong earnings and revenue growth forecasts for 2020. It's still true that analyst projections are high: Q1 earnings growth of 5.0% and revenue growth of 4.4%, and Q2 earnings growth of 6.6% and revenue growth of 4.9%. That compares to just 0.3% earnings growth for the entire year in...
EWRE has been in an upward channel vs. the S&P 500, and is currently near the bottom of the channel. That makes it an attractive buy today, especially after last week's extremely positive housing report that showed rents and property values rising and mortgage rates and inventory numbers falling.
Neutral / Range Bound forecast for the week. Likely down and then up, ranging in the shown area. Selling short term premium on either side of range.
October is expected to be a bad month for most technology stocks due to the earnings recession, but the bright spots in the sector are software and IT services. Avaya sits in both those categories (primarily software). Down roughly 30% since its IPO this time last year, Avaya is surprisingly inexpensive at close to its all-time low. Its RSI is recovering from...
Yesterday Adobe broke upward through a downward-sloping trend line. Today it pulled back, but weak volume on the pullback suggests the stock will follow through. As a software company, Adobe is relatively insulated from the earnings recession afflicting other parts of the tech sector. Adobe beat analyst estimates on its recent earnings report, which is what's...
LXP blew away analyst expectations on its last earnings report, beating by 200%. It got a nice pop after earnings, then collapsed when it announced a $10 million share offering. It started to recover after it announced what it was doing with the money raised from investors: purchasing new properties to accelerate its growth. If LXP is as good a steward of the new...
UnitedHealth Group has had an incredibly strong showing this year, and right now it's priced pretty attractively at oversold level on the hourly chart. On its daily chart it's at RSI 38, nearing oversold (RSI 30) but not quite there yet. It also hasn't yet tested its August low of 220.78 or its one-year lows of 208.07 and 216.84. I suspect we'll get a bounce...
VIX: Volatility Index - Extension to the US (SPX) Sectors Technical Analysis Series - 17th of August 2019 (9 Minute Read) As it can be observed from the chart, this is an extremely complex(Premium) volatility analysis . The purpose of this chart is to evaluate the probability and the timing of the next recession in the short to medium term. Now, let's...
VTR is real estate investment trust (REIT). The technicals are great (check chart). Market analysis: Generally after an inversion in a yield curve , the following sectors tend to outperform the market: XLU (Utilities) XLRE (Real Estate) XLP (Consumer Staples) The following tend to underperform : XLK (Technology) XL (Industrials) XLB (Materials)
SOXL attempted a breakout above its channel and above April's highs, but got rejected and dropped back down to support at the 50-hour moving average. Here it's showing renewed strength, with volume turning green and candlesticks looking bullish. I think it will make another run at 202, this time pushing through to previous highs around 208. SOXL has strong...
The biotech sector fell today news that Donald Trump intends to sign an executive order demanding that pharmaceutical companies give the US government "favored nation" prices. The news may not be as bad as it sounds, because Trump is apparently only launching a pilot program that will effect a small number of drugs. However, it's hard to predict the market's...