Complimentary Analysis

Complimentary

The Trend Monitoring and Setup Phases for SPY

Stocks were slammed on Black Friday with small-caps leading the way lower and stay-at-home stocks bouncing. The declines were big, but they should be put into perspective. First, Black Friday is pretty much a holiday and trading volume was well below average on the Nasdaq and NYSE. It does not take much to move

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Complimentary

Follow Through with A Big Participation Pop (Free)

Stocks surged for the second Thursday in as many weeks, but this Thursday’s surge was a lot different than the previous week. This week’s surge featured a strong open and strong close as well as the strongest breadth in four months. What does it mean going forward? Let’s investigate.

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Complimentary

Bonds Throws a Tantrum and Banks Cheer (Free)

The 20+ Yr Treasury Bond ETF (TLT) threw a tantrum this week with the biggest two day decline since March 2020, which was a very chaotic month. With a sharp decline in bonds, the 10-yr Treasury Yield broke above its summer highs and the bulls

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Complimentary

New Trend Signals: Act Now or Wait for a Pullback? (Free)

Chartists often face a conundrum when a new trend signal triggers because the stock or ETF is frequently extended when this signal triggers. After all, it takes strong buying pressure for a new uptrend to signal. Short-term overbought or extended conditions are long-term bullish, but these

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Complimentary

A New Trend Signal for a Former High Flyer (Free)

Today’s commentary will start with price chart analysis for a clean energy ETF, which once led the market with triple digit gains. After a corrective period, it appears that this high flying ETF and a few of its brethren are turning up again with recent trend signals. We will start with the price chart analysis and then turn to the systematic signals.

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Complimentary

5G Takes the Lead (Free)

The 5G Next Generation ETF (FIVG) is taking the lead within the tech space as it breaks out of a bullish continuation pattern. FIVG is leading because it recorded a new high here in early June. Not very many tech-related ETFs hit new highs here in early June and this makes it relatively easy to separate the leaders from the laggards.

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Complimentary

CARZ Revs its Soon-to-be Silent Engine (Free)

Some of the old Ford and GM cars can still rev their engines, but the sound of a revving engine could go the way of the dodo. Perhaps, I should say that the price chart for the Global Auto ETF (CARZ) is revving its engine and poised for a breakout.

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Complimentary

KRE Breakout Holds and Bodes well for Small-caps (Free)

The Regional Bank ETF pattern over the last few months is similar to that of the S&P SmallCap 600 SPDR and Russell 2000 ETF. This is not surprising because the financial services sector accounts for 17.8% of IJR and 16.34% of IWM, and is the second biggest sector for both

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