Sector Rotation Analysis starting from Jan 2021
While 2020 was a wonderful year for many investors, 2021 has been riddled with changes in the stock market thus far. In this analysis, I compared multiple ETFs that track different specific sectors in the market in order to visualize these changes. The periods and commentary are broken down month by month with the...
Scanning through the sectors I noticed something quite clear, an inverted head and shoulders with a possible retest playing out. This is supported by the laguerre rsi below. I'm expecting prices for XLE to go higher and potentially confirm a megaphone pattern.
Currently, Demand in Metal Sector increased due to China extend its customs duty. In the last year 2020 due to Lockdown, many businesses were stuck.
VSSL is trading at an all-time high level. Recently gave the breakout @279.
One can Hold the VSSL stock in his portfolio above 279 for the Target 340-370. If it sustains above 340 then soon will see 400-500...
Hello traders and investors! Let’s see how the IXIC is doing today, look at the main catalysts and study some sectors!
The Nasdaq is still in a delicate situation, but it is recovering nicely. We have a gap to fill 14,823, and despite the crash seen yesterday, the situation is under control.
However, if we lose the 21 ema along with today’s low, we might seek...
MARUTI Looks overall bullish and following the trendline perfectly.
MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard.
Above 7350, It can reach to 7650 quickly and easily.
The risk level is 7150.
One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk...
Hmmm, now where have I seen this name before? Oh, that’s right! It was from our sector analysis earlier where we identified the relative weakness. With an ATR of 2.6, any hard pop back into the 200d should offer a nice opp for a fade. Would even consider leaving room to add at the quarterly pivot at 75.32.
TV chart link:
As the Pandemic progressed, Consumers began to spending on
Durable Goods, Home Improvement, Electronics and a host of
additional Products to improve their nesting conditions.
This dynamic applied to Americans who remained employed
through "Stay at Home" Measures.
Lower Income Consumers paid down Debt and began Investing
via WeBull, CoinBase and Robin Hood....
Hey guys, -- thought I would share some of the stuff I look at on a weekly basis to understand where the market is at.
The Main Chart is Sectors Super Strength
This Chart shows normalized relative percentage sector strength since 24 June
The pink line Shows the S&P500
We can see that Tech and Gold has been doing well since 25 Jun VS other sectors while...
I ran an analysis on monthly stock-market returns over the last 20 years or so, to determine which sector delivered the best median dividend-adjusted returns in each month. December 2020 was the last month included in the study.
The sector funds included in the analysis were all equal-weighted, although they don't all use identical methodologies or...
When doing my sector research, I noticed that the stochastic levels were decreasing. I like levels under 50% and this is currently at 24% today. The put to call ratio is under 1 sitting at 0.92 post-market which indicates that there are a tad bit more puts that were closed today versus yesterday which indicates that more calls are slowly entering the market. The...
I am considering current theme of oil tickers with industrial, multiple pipeline incidents in recent history including most recent ocean on fire incident. ENG looks good from a technical perspective getting a falling wedge breakout on the 1 year 1 day with volume! check out the support and resistance levels and ask if risk reward is good for you. Do not trade...
Recently we've seen a significant "rotation" in markets toward large cap tech and defensives, and away from small caps, financials, and transportation. In this post, I will describe the rotation through a series of charts, and I will also suggest some explanations for what's going on. The long and short of it is that I think we've just witnessed a regime change,...