Amplify ETF Trust Amplify AI Powered Equity ETFArca
Description
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I use this ETF as an indicator of market sentiment more than anything. Notice the massive volume occurring in the past few days. Smells like a distribution. Won't be long before we see some major movement in the market. I'm sidelines with cash for now.
This ETF is constantly changing its weightings. Over the past several months, it has been allocating a big percentage to electric vehicles, and solar energy; which is now taking a dive.
I would keep a lookout on the holdings every couple of months.
SLOPolarBear
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@dorfmanmaster, That's precisely what I do. I don't think the ETF itself is that great, but I'm always intrigued with the stocks I see in this profile. It's comforting to see cash reserves staying fairly constant. Rotation keeps the market punching to new highs.
I would keep a lookout on the holdings every couple of months.