Holding both XLK and XLU from my original entries given on my channel--linked below.
If trendline holds then AAPL is conservatively on track to 150 in a month
A comparison of the SPX , NDX, NYA , BKX , & IWM indexes for August wk2 2020. 17:29:46 (UTC) Sat Aug 8, 2020
Is it Growth versus Value or Tech versus Financials and Energy EW Tech vs. (EW Financials + EW Energy) Divergences from Growth vs. Value have been notable in the past
Critical week ahead with key earnings and July FOMC. 🐻s needs to stall into FOMC (7/29) for possible drop. Double top, Elliot Wave, divergence and waning momentum all in play. March’s fractal fits well on the chart 🤔 $NDX $NQ_F $XLK $SOX $FB $AMZN $AAPL $MSFT $NFLX $GOOG $TSLA $SPY $SPX $ES_F #ElliottWave #Stocks 📉
This chart shows the ratio between XLK (Technology) and XLF (Financials). When the chart is going up the the indicator is saying go long technology. Sideways then equal weighting. Chart going down then overweight XLF, lighten up on XLK. It also shows that the current situation is that XLK is at a top. In fact it is significantly above the DOT COM bubble of...
XLK Long Entry: 13:06:55 (UTC) Tue Jun 23, 2020
XLK looks really good for new 52 highs but with Dividends being paid out today, looking for a slight pull back to $101s. In a better market environment I would not be Bearish, but I will turn Bullish if breakout above $104. Tech is a bit overvalued in my opinion, but looks like folks seem okay paying overvalued.
Technology vs. Consumer Discretionary Are we about to see a significant change in the performance of this ratio? CD outperforming wouldn't necessarily spell trouble for the broad market, but is it seriously time to consider being underweight tech?
What’s next for the technology sector? Technology has been the leader this year, outperforming the S&P 500 throughout the volatile market reactions to Covid-19. This week saw the sector fail at prior highs and yesterday’s price bar showed a weakening in the GoNoGo Trend. Look to the GoNoGo Oscillator at this critical juncture. When in a strong trend, remember,...
XLK 103.06 Price Target by JUNE 19 if trend holds
Have a great day all
Dell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here. Dell is my number one short position with out-of-the-money put options into June.
Vanguard (Real Estate) - Risk-Range for Wed Apr 8, 2020 13:51:47 (UTC) Wed Apr 8, 2020