Equity ETF Video – A Handful of Leaders – Finding ETFs with Relative Strength

This market regime report weighs the evidence to determine the state of the stock market. Are we in a bull market or bear market? We start with the long-term trends for three major index ETFs (SPY,QQQ,RSP). Attention then turns to breadth indicators to measure the percentage of stocks in uptrends/downtrends and the percentage hitting new highs/lows. These indicators measure participation within the S&P 500, Nasdaq 100 and S&P 1500. Finally, we analyze yield spreads to see if the credit market show confidence or stress.