Category Archives: ETF Analysis

Shorting the Euro and Buying US Stocks Has Made Big Profits

While the retail investor had not made any profits in the US stock market this year on the average, hedge funds and speculators have made big profits shorting the euro and buying US stocks. This has accelerated the fall of … Continue reading

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ETFs: Winners and Losers Year-to-Date

As of the close of Thursday, March 12, 2015, solar is at the top of the list with biotech following. At the bottom, euro currency and oil are suffering large losses. Share

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ETF Correlations

The anti-correlation between SPY and TLT persists while the correlation between SPY and UUP is now neutral. Share

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Solar and Biotechnology Stocks Rally as Rational Exuberance Dominates

Solar stocks are rallying due to positive earnings and deals. Biotechnology stocks are also rallying due to mega-deals and government funded research. In my opinion, solar technology prospects are limited and the biotechnology rally with end with a crash. Share

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The Tech Sector is Overbought But…

The tech sector is overbought and a pullback should be expected but its magnitude and duration may not satisfy the bears. Share

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Traders in Precious Metals ETFs Whipsawed by Algos

Last Friday SLV closed up 2.24% after a volatile session and yesterday the same ETF closed down 4.3%. These erratic moves are caused by algos so the retail traders get whipsawed. One way for traders to deal with this reality … Continue reading

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Stock Market Rally to New Highs Mainly Driven by High Beta Stock Picking

The S&P 500 index made a new all-time high last Friday but the rally was mainly driven by large cap high beta stocks and the low volatility group is lagging behind. This is also evident from the price action in … Continue reading

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