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- Votes: 351
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- Last Update: 19 October 2021, 23:44
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Categories:Market Timing
Market Breadth Analysis
General Market Commentary
We had another 2% mid-week dip but finished strong. This bullish zig-zag higher should persist.
Correction watch: Low immediate risk of a drop > 5%
Chart comments:
101 Buy-and-Holders: long term bullish (but top of channel and sentiment dropping)
102 Investors: intermediate term bullish (P/E dropping too)
103 Swing Traders: bullish
105 Storm Track: micro term bullish (but this changes quickly)
106 Aggressive?: bullish
107 Defensive?: down = bullish
108 Top?: no top indicated
109 Bottom?: no bottom indicated
110 Intermarket
111-113: Sectors (cap weight, EW, small cap)
114 Size & style
115 Factors
116 US Dollar
400-405: Factor ETF relative strength (RS)
5XX: ETFs for reference
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"Trading in the Zone" by Mark Douglas about the mental game.
Note: Profile says PRO but I am an engineer. Updates on weekends.
"It is enough to identify prevailing conditions and respond to them as they change, without any need to predict." -- John Hussman
All information is strictly for education. ...............................................................
Various ETFs across the consumer industries (for reference only).
XLY Consumer Discretionary: AMZN TSL HD MCD
XLP Consumer Staples: PG KO PEP WMT COST PM MO
ITB Home Construction: DHI LEN NVR PHM HD
XRT Retail: (EW)
PEJ Leisure: BKNG DIS MCD SBUX
PBJ Food: KDP STZ SBUX HSY KHZ
Various ETFs across the energy and utilities industries (for reference only).
XLE Energy
XLU Utilities
BNO Oil
AMLP Energy infrastructure (pipelines)
IEZ Oil Equipment and Services: SLB HAL BKR HP
XOP Oil Exploration and Production: DVN PE MPC OXY
PBW Renewable Energy
PDBC Commodities
Various ETFs across the finance and real estate industries (companies for reference only since they change over time).
XLF Financial: BRK/B JPM BAC WFC C
XLRE Real estate: AMT PLD CCI EQIX SPG
KRE Regional banks: SIVB RF FRC TFC FITB
KIE Insurance: AIG AFG CB TRV L
MORT Mortgage REIT: NLY AGNC STWD NRZ
REZ Residential REIT: WELL PSA EQR AVB VTR ESS
$DJUSAG Asset Managers (was not able to find a focused ETF): STT BLK TROW JEF BX APO MS
$DJUSSF Consumer finance (was not able to find a focused ETF): WU COF AXP SLM OMF
IYG Financial services: JPM V MA BAC WFC C
Various ETFs across the healthcare industries (for reference only).
XLV Healthcare: JNJ UNH PFE TMO
IHI Medical devices: TMO ABT DHR MDT
IBB Biotech: AMGN MRNA GILD REGN
IHF Healthcare providers: UNH CVS ANTM CNC HCA
IHE Pharmaceuticals: JNJ PFE MRK ELAN
Various ETFs across the technology and communications industries (for reference only).
XLK Technology
XLC Communications
SMH Semiconductors
IGV Software
ARKW Internet
$DJUSEC Electrical Equipment (cannot find a focused ETF for this)
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