Recent Reports on TrendInvestorPro

-Current Analysis

Market Regime – SPX Breadth Turns Bullish – Yield Spreads Remain Narrow

S&P 500 breadth improved and turned majority bullish this week. This means the evidence for the S&P 500 and Nasdaq 100 is majority bullish. The evidence for the S&P 1500, which includes mid and small caps, remains majority bearish. However, S&P 1500 breadth continues to improve as the stock market advance broadens. Even though small and mid caps are dragging their feet

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-Current Analysis

Sentiment Indicators Suggest Caution as Seasonally Weak Period Begins

This report will focus on seasonal patterns and sentiment, but with a caveat. Seasonal patterns and sentiment are not the best market timing tools because they can reach extremes and remain at extremes. This is why we need to combine seasonality and sentiment with breadth and price action. We are entering a seasonally

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-Current Analysis

Equity ETF Report – SPY and QQQ Lead – Tech ETFs Become Overextended

Large-cap and large-cap techs continue to lead the market with small-caps and mid-caps lagging. SPY and QQQ hit new highs on Monday, but 279 stocks within the S&P 500 are more than 10% below their 52-week highs. 137 stocks are more than 20% below their 52-week highs. SPY and QQQ are not lifting all boats. 64 stocks are even below their April lows (closing lows), including Berkshire. These groups are doing the heaving lifting

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-Current Analysis

Market-ETF Report – Gold, Silver and Miners Consolidate – Copper and Palladium Extend

Even though some equity groups are performing well year-to-date, commodity and crypto related ETFs feature prominently on the leaderboard. The pink shading on the image below highlights these leaders. The top five ETFs are related to platinum, gold, silver, uranium and blockchain. Further down, we have ETFs related to copper, palladium, mining and BitCoin. SPY and QQQ may be trading at new highs, but they are not

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-Current Analysis

Market Regime – Breadth Improves – Yields Spreads Narrow – 10Yr Yield Falls

The majority of indicators remain bearish, but breadth continues to improve. First, the S&P 500 EW ETF joined SPY and QQQ with a close above the upper Bollinger Band (125,1) this week. Second, the percentage of S&P 500 stocks above their 200-day SMA exceeded 60% for the first time since February. Third, the other breadth indicators in the S&P 500

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Complimentary

How to Improve your Trading Odds and Increase Opportunities

Chartists can improve their odds and increase the number of opportunities by trading short-term bullish setups within bigger trends. The first order of business is to identify the long-term trend using a trend-following indicator. Second, chartist can turn to more granular analysis to find short-term bullish setups. Today’s example will use the Cloud Computing ETF (SKYY).

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-Current Analysis

Market-ETF Report – Bonds Break Out – Metals Remain Strong – Lithium and Bitcoin Set Up

ETFs related to commodities, bonds and crypto continue to feature prominently in the top twenty. In fact, 10 of the top 20 are related to these three groups. In a bull market, we typically see 15 or more equity ETFs in the top 20. This is because bull markets lift most equity-related boats. The table below highlights ten ETFs related to commodities, bonds and crypto (blue shading). Strength in these alternatives means

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-Current Analysis

Market-ETF Video – Another Gap-Surge – Tech ETFs Lead – Commodities Pull Back

Stocks moved sharply higher the last two days with SPY surging 2% and gapping up on Tuesday. The Technology SPDR is leading the sector SPDRs with a gap-surge to new highs this week. Communication Services and Industrials are not far behind. Today’s video will follow up on the pennant/flag breakouts from early June and the Chandelier Exits. We also highlight some other flag/pennant formations. Elsewhere, commodity-related ETFs are pulling back and the Bitcoin ETF formed a bull flag. The 10-yr Treasury Yield broke down as the 7-10Yr TBond ETF broke out.

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-Current Analysis

Market Regime Charts – NDX Stocks Lead – Spreads Show no Stress – 10Yr Breaks Down

The weight of the evidence remains mixed. Of the 15 signals on the first three charts, five are bullish and ten are bearish. SPY and QQQ are in long-term uptrends and Nasdaq 100 breadth is net bullish, but S&P 500 and S&P 1500 breadth remain bearish. Mid-caps and small-caps are still dragging their feet. A Zweig Breadth Thrust triggered on April 24

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-Current Analysis

Market-ETF Report – Cyclical Groups Bounce – More Pennants/Flags Take Shape

Stocks shrugged off the events in the Middle East and rallied on Monday. Small-caps, Consumer Discretionary, Home Construction, Banks, Infrastructure and Transports led the way higher. These are largely cyclical groups and relative strength suggest that the advance may be broadening. It is still early days, but I am seeing lots of pennants forming from mid May to June. Breakouts would

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Complimentary

Lagging Mid-cap ETF Hits its Moment of Truth  

The S&P MidCap 400 SPDR (MDY) is trading at a moment of truth as its 5-day SMA returns to the 200-day SMA. A bearish trend signal triggered in early March. Despite a strong bounce from early April to mid May, this signal remains in force because it has yet to be proven otherwise. Today’s report will show how to quantify signals and reduce whipsaws using the percentage difference between two SMAs.

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-Current Analysis

Market-ETF Report – Commodity and Crypto Related ETFs in the Leadership Group

Commodity, crypto and a few bond related ETFs are leading. Our ETF Ranking shows that 10 of the top 20 are related to these alternatives. Equity ETFs make up the other ten, but equity alternatives remain, well, serious alternatives. In particular, metals-related ETFs continue strong (gold, silver, platinum, uranium). The Platinum ETF (PLTM), however, looks dangerously

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-Current Analysis

Market-ETF Video – Divergences Emerge – Pennants and Stops – Metals Lead

Nasdaq 100 stocks and QQQ are leading, but the weight of the evidence remains mixed for the broader market. After a big advance since early April, a pullback could be brewing as short-term bearish divergences take shape in S&P 500 breadth. We will cover the key breadth indicators, support levels for SPY/QQQ and the pennant breakouts in tech-related ETFs. Commodities remain strong with metals leading the way.

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-Current Analysis

Market-ETF Report – Tech-ETFs Extend on Breakouts – XLK Hits New High – Banks Lag

Tech-related ETFs are leading in June as several broke out of pennants and extended higher. Today’s report will update these breakouts and their trailing stops. Despite continued strength in tech, I am seeing short-term underperformance emerge in mid-caps, finance, banks and consumer discretionary. These four are lagging the last 20 days because their respective ETFs have yet to clear their May highs.

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Complimentary

Three Sectors Stand Out, with One Sporting a Bullish Breakout

Three sectors stand out, with one sporting a recent breakout that argues for higher prices. Today’s report will highlight three criteria to define a leading uptrend. First, price should be above the rising 200-day SMA. Second, the price-relative should be above its rising

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-Current Analysis

Market-ETF Report – Commodity and Crypto Related ETFs in the Leadership Group

Non-equity ETFs continue to perform well and feature in the top twenty. These include commodity, bond and crypto ETFs. This list expands when we include equity ETFs related to commodities, such as the Gold Miners ETF (GDX). GDX is part of the equity group because its components are stocks and stocks represent companies. This also applies to SIL, URA and BLOK. These ETFs are composed of stocks, not the underlying asset.

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-Current Analysis

Market-ETF Video – Pennant Breakouts and Trailing Stops – NDX Stocks and Metals Lead

SPY and QQQ continued to lead the broader market higher, but MDY and IJR caught a bid with pennant breakouts this week. In fact, there are lots of pennant breakouts, especially in leading tech-related ETFs. We will cover these breakouts and show suggestions for trailing stops. Industrial and precious metals are leading the market with huge moves the last few weeks. Crypto is also perking up as IBIT breaks a flag line.

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-Current Analysis

Market Regime – QQQ and NDX Breadth Lead Market – Small/Mid Caps Continue to Lag

QQQ and Nasdaq 100 stocks continue to lead the market since the April low. QQQ extended higher and crossed the upper Bollinger Band on Wednesday for an uptrend signal. A breadth indicator also flipped bullish, which means the Nasdaq 100 indicator group is now net bullish (four of five). There are three indicator groups totaling 15 indicators. All indicators covering the S&P 500 and

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Complimentary

Tech ETFs are Leading Since April, but Another Group is Leading YTD

QQQ and tech ETFs are leading the surge off the April low, but there is another group leading year-to-date. Year-to-date performance is important because it includes two big events: the stock market decline from mid February to early April and the steep surge into early June. We need to combine these two events for a complete performance picture.

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-Current Analysis

Market-ETF Report – Gold Miners Lead Gold – PALL Holds Upswing – ETHA Goes High and Tight

Despite the stock market surge from early April to early June, only a handful of stock ETFs are outperforming alternative asset ETFs. Commodity and crypto related ETFs account for twelve of the twenty year-to-date leaders in the all-weather ETF list, which has 74 ETFs. The year-to-date percentage change (YTD %Chg) is perfect for measuring performance because is encompasses the stock market

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