The following notes & charts highlight my outlook, including price targets for SPY (S&P 500 tracking ETF) along with the tracking ETFs of the four largest sectors with the S&P 500.
The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. There is over USD 7.8 trillion benchmarked to the index, with index assets comprising approximately USD 2.2 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. (source: S&P Dow Jones [...]
Technical analysis including key support levels & chart formations on all 11 sectors of the S&P 500 Index in descending order by weighting. Click on first chart to expand, then click anywhere on the right of each expanded chart to advance to the next chart. Once expanded, each chart can be zoomed & panned for [...]
Detailed analysis of the US stock market including an overview of the sectors that make up the S&P 500 as well as the over-weighting of technology stocks in the Nasdaq 100. This video covers quite a bit, including detailed coverage on various major stock indices as well as all of the sectors within the S&P [...]
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 & [...]
The following short trade ideas have exceeded their maximum suggested stop or reached their final profit target & have now been moved the Completed Trades category, along with all related posts to be archived indefinitely for future reference. Updated charts for each trade below. EXR- Exceeded the maximum suggested stop of a move over 90.25 [...]
The XLV (Health Care ETF) short trade has hit T2 (69.20) for a 4.4% gain. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. T3 remains the final target for now. XLV daily June 24th