Tech ETFs Lead Downside
The tech- and -energy focused
exchange-traded funds headed lower Wednesday, disturbed by political uncertainty
in the U.S. Senate.
Financial ETFs Lead
The finance-focused exchange-traded
funds went up Tuesday while tech-focused ETFs went both ways.
Fit Financials
It’s always good to see
financials behave well when you’re long in a supposed bull market. Bank holding
company Charter One Financial Tuesday jumped into new high ground from a
cup-with-handle on hefty volume.
Pouring It On
When the stock of an old
company like JC Penney looks like it did after Monday’s close, can there be any
debate that retailers account for a big share of market leadership?
Tech ETFs Lead Broad Gains Among Peers
ETF Land continued Monday to enjoy
broad upside with the downside limited to moves well within the recent trading
ranges of the affected exchange-traded funds. Tech led again.
Energy ETFs Lead
The energy-focused exchange-traded
funds led their peers Friday as crude prices headed higher. Otherwise, most of
the moves were muted in ETF land.
Leaders Reprise
The breakout leaders resumed their
advance Friday, attesting again to the strength of what is increasingly looks
like a sustainable intermediate-term rally. The answer ultimately will be told
by our stocks. But the quality of the merchandise moving into higher new highs
is very very encouraging.
Swing-Trading Plays For Intermediate-Term Traders
When practiced under appropriate market conditions, intermediate-term momentum trading can produce powerful
returns for the disciplined trader. The problem for many traders is you also must be willing to sit out sideways and highly volatile markets in cash.
Curve Balls
From the vantage point of the I-T
trader, the market Thursday turned in a rotational performance with many of the
gainers coming from low relative strength stocks in low bases and other beaten
down shares.
More High RS Breakouts
The high relative strength stocks
acted beautifully Wednesday with fresh breakouts as well as higher highs formed
by the first-wave of breakouts.
More High RS Health
The high RS base builders
continued to show strength Tuesday while the indexes meandered.
Directionless ETFs
Tuesday amounted to another indecisive
day among the exchange-traded funds with performances to the upside and downside
scattered across sectors.