Systematic Trading Strategies and Next Level Trading Setups
There is a correction underway with tech stocks weighing on the broader market, especially SPY and QQQ. The Technology sector accounts for a whopping 33.72% of SPY and the S&P 500. Financials are a distant second at 13.67%. We then have Consumer Discretionary
Correction/Rotation – XLK Weighs on SPY – Defensive ETFs Breaking Out Read More »
Big tech continues to lead the market with the Technology SPDR, Mag7 ETF and Semiconductor ETF powering higher. These three have one thing in common (NVDA). It is not just Nvidia power semis because we are also seeing a flag breakout in SOXX. Elsewhere, the Finance sector is maintaining its uptrend as the Regional Bank ETF turned up after
Big Tech Still Leading – SOXX Forms Flag – CIBR Oversold – XLF, KRE, XLY, XLP Read More »
