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 & [...]
Sector analysis gold & the precious metals mining stocks via GLD & GDX followed by analysis of the energy sector (XLE), Biotechs (XBI) & retail sector (XRT).
This video takes a comprehensive look at the diversified U.S. stock indices as well as many key sectors of the U.S. market. These index & sector ETFs are discussed in the following order: SPY, QQQ, IWM, XLF, USO, XLE, XOP, XES, XLV, XBI, IBB, PBE, XRT, XLP, XLU & GDX.
Here are 6 reasons why it appears the energy stocks (via XES in this example) are still headed lower in the coming weeks. I remain longer-term bullish but near & intermediate-term bearish on the energy sector at this time including crude oil, XLE, XOP & XES. XES daily June 13th This chart is also a [...]
This video provides a comprehensive overview of crude oil, the energy sector (via XLE) and over a dozen of the top components of XLE. Numerous trade ideas, including objective entry points & price targets on USO, XLE and some of the most attractive trade setups on individual energy stocks are covered. The video begins with [...]
I will be spending some time in updating the official short trade ideas today, starting with those trades that have either hit one or more price targets and/or exceeded their maximum suggested stop. Time permitting, I plan to wrap up with a quick video covering all the remaining Active Short Trade ideas & maybe touch [...]
As with the other US stock indexes, QQQ has potential bullish divergences in place which are worth monitoring, should prices move higher into next week. Today the Q's dipped below the recent trading range but found support at the May 6th reaction lows. (edit: the previous posted 60-minute charts for QQQ & SPY were the [...]