A overview of the individual sectors within the S&P 500 which help to provide an indication on where the broad market is likely headed in the coming months. Following a brief overview of the SPY, the following ETF are covered in this order: XLF, XLE, XLV, XLK, XLY, XLP, XLU, XLI, XLB, XLT, XLRE & [...]
An overview of the US stock market via technical analysis of the following index tracking ETFs on various time frames: SPY, QQQ, DIA, MDY, IWM & IWC.
Member @natdicarlo posted this inquiry within the trading room: Randy, seeing NYMO at very oversold levels and yet no significant pullback in markets. Big caps masking the carnage. Your thoughts would be appreciated on if this might postpone the bear case for now? That clearly seems to be the case (mega caps doing most of [...]