Analysis Archives (>3 months old)

Timing Models – Large-caps Extend Lead, Small-Caps Lag, Utes and REITs Lead, IWO hits Moment of truth (Premium)

Large-caps and large-cap techs ripped higher the last five-six weeks with SPY and QQQ hitting new highs. The Technology SPDR and Consumer Discretionary SPDR are leading the charge among the sectors with 13+ percent gains. Keep in mind that Amazon accounts for 23.5% of XLY and Tesla accounts for 14.45%. These two are not exactly pure plays in the

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ETF Trends, Patterns and Setups – Metals and Ag ETFs Break Out, High-Flyers Languish, RSI Bullish Failure Swings (Premium)

There is plenty of strength within the stock market and also a few pockets of weakness, or lackluster performance. SPY and QQQ hit new highs this week. This shows broad strength within the S&P 500 and large-cap tech stocks. There were new highs in ETFs related to finance, tech, industrials, materials, healthcare, housing, steel, REITs, semiconductors

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Timing Models – SPY Hits New High as XLY and XLK Lead, IWM Consolidates, Yield Spreads Narrow Even Further (Premium)

The S&P 500 SPDR hit a new high to affirm the bull market and seven sector SPDRs joined the new high parade (XLK, XLY, XLC, XLI, XLB, XLRE, XLP). The Finance SPDR (XLF) and Healthcare SPDR (XLV) are within 2% of 52-week highs. Strength within the S&P 500 is broad and supportive of a bull market. Today’s report will show QQQ close to a new high and IWM struggling, but still bullish. Technology and Consumer Discretionary

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ETF Trends, Patterns and Setups – Cyclical ETFs Lead with New Highs, Big Techs Perk Up, High-flyers Remain Subdued (Premium)

There are plenty of strong pockets in the stock market with several cyclically oriented ETFs hitting new highs and large-cap techs coming back to life. This month we are seeing new highs in ETFs related to industrials, materials, housing, semiconductors, transports and steel. We are also seeing some big moves in ETFs dominated by large-cap tech. The Consumer Discretionary SPDR hit a new high and I consider Amazon, its

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Weekend Video – SPY Leads, QQQ Surges, Housing and Industrials Hit New High, HERO and COPX Break Out (Premium)

The S&P 500 hit a new all time high this week and large-cap techs perked up with QQQ surging. Small-caps are lagging, but IWM is not really bearish. The Composite Breadth Model remains firmly bullish with the short-term indicators for the S&P 500 outpacing those in the S&P 1500. Yield spreads narrowed further this week, while the Fed balance sheet contracted a little.

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Timing Models – SPY Leads, QQQ Perks Up, SPX Leads Composite Breadth Model and Yield Spreads Narrow (Premium)

The S&P 500 SPDR hit a new high to affirm the bull market and three sectors confirmed this new high. The Consumer Staples SPDR, Materials SPDR and Industrials SPDR recorded new highs at some point this week. Even though the other big sectors did not hit new highs this week, they are in uptrends and within three percent of new highs. These include the Technology SPDR

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