WEEKEND UPDATE APR 9 2023 - EARNINGS START THIS WEEK WITH BANKS

Macro

2/10 YR CURVE - Inverted = -.58
HIGH YIELD SPREADS = 4.84
US ISM PMI - Contracting Faster = 46.30%
US ISM SERVICES - Growing Slower = 51.20%


S&P 500 ( SPY ) - Investable
Nasdaq100 ( QQQ ) - Investable
Russell2000 ( IWM ) - Not Investable
Gold ( GLD ) - Investable
US 30yr Treasury Bonds ( TLT ) - Investable
US Dollar ( UUP ) - Not Investable
US Real Estate ( IYR ) - Counter Trend Rally
European Equities ( VGK ) - Investable
India ( INDA ) - Counter Trend Rally
Broad Asia Equities ( VPL ) - Investable
China A-Shares ( ASHR ) - Investable
Emerging Markets ( EEM ) - Investable
Wheat Futures (ZW) - Not Investable
Corn Futures ( ZC ) - Counter Trend Rally
Soybean Futures (ZS) - Not Investable
Silver ( SLV ) - Investable
Natural Gas Futures ( NG ) - Not Investable

Volatility Levels

S&P 500 - 18.40 - Choppy Market
Nasdaq100 - 23.86 - Choppy Market
Russell2000 - 24.60 - Choppy Market

S&P 500 Volatility Structure - normal Contango Structure

VIX 9-Day - 15.68
VIX Short Term - 18.32
VIX - 18.40
VIX Long Term - 18.76

Now, here is the list of individual ETFs and individual names are showing strength.

Strongest of our ETF universe

CANE
SLV
XLK
QQQ
NIB
IGV
EWP
EWQ
GLD
IWF
EWG
EWL
VGK
EWN
XLP
EWK
QUAL
EWU
MUB
FXE
TIP
LQD
DBA
IVOL
TLH
IEF
IEI
TLT

Strongest of our ETF Leveraged/Inverse Funds

KOLD
TQQQ
JNUG
EURL
UGL
SPXL
FAZ
LABD
TYD
TMF
UDOW

Strongest of our Individual Equities

NVDA
ANET
GE
ANSS
CRM
RBLX
FDX
FTNT
MELI
HSY
MSFT
AAPL
CPRT
LULU
CDNS
CMG
ORCL
PHM
ATVI
SYK
CHD
PVH
MDLZ
REGN
COO
JNPR
LW
GIS
NOW
CBOE
MCD
MSI
PG
ASML
NFLX
BSX
HCA
VRTX
PINS
KMB
CSCO
LLY
ROL
INTU
OMC
ECL
WMT
PEP
VRSN
EIX
AON
EA
IPG
WM
PPG
KO
ABC
PNW
VRSK
LEN
HSIC
CLX
T
SO
WEC
NTES
CAG
RSG
DRI
BIIB
ABBV
ORLY
HOLX
YUM
CAH
CNP
BDX
AJG
XOM
ED
CTAS
AEE
ETR
SJM
TSCO
XEL
ZBH
MCK
HPE
NI
MMC
RMD
AWK
AMGN
ROP
TMO
GILD
CL