Category Archives: ETF Analysis

Old Economy Vs. New Economy

Some sectors of the market are making all-time highs and some others, related to tech primarily, are in a correction mode. The market as a whole refuses to be pulled down by technology. Does this mark a permanent return to old economy … Continue reading

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SPY: After a Dance with Fibonacci the Real Test is Coming

After getting trapped for two days inside a channel defined by the 38.2% and 50% Fibonacci retracement levels of the rally that started last February, SPY is now getting ready to face the challenge: Resumption of the uptrend or start of a downtrend? If you … Continue reading

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Putting this Correction in the Right Perspective

Biotechnology and social media investors have enjoyed very high returns since 2012. As with all investments, at some point investors sell and prices drop. Whether this will turn into a major correction depends on the percentage of holdings investors unload. Detailed analysis … Continue reading

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Bears Should Keep Low Expectations For A Trend Reversal

Yesterday’s rally was fueled by promises of low rates and more quantitative easing. As long as, one way or the other, inflation is kept low, bears should have low expectations for a trend reversal. In the best case, the correction … Continue reading

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TLT: Upside Potential Limited by Strong Resistance

Bonds prices attempted yesterday to recapture early February highs and move towards their March highs but met strong resistance and paused. The YTD performance of TLT is a respectable +7.7%.  Charts raise a few doubts as to whether this up move is … Continue reading

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Biotechnology is Still Correcting While Social Media Issues Bear Market Signal

Although the focus of financial media is lately on biotechnology, this market is still on a correction mode with a small YTD loss, technically speaking at least. On the other hand, SOCL, the popular Social Media ETF, issued yesterday a bearish signal. Share

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Risk Seeking and Risk Aversion Vs. the Underline

The high volatility S&P 500 index ETF (SPHB) and the low volatility one (SPLV) are returning about the same YTD  but SPY lags both. This is an example of mid range volatility stocks doing worse and can happen when investors choose the extremes. Share

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A Very Bullish Pattern in S&P 500 Index

SPY closed yesterday at a new all-time high price but still $0.14 below the high of March 21, based on a non-adjusted chart, although a new all-time high price at $189.13 was recorded. This occurred despite massive calls for an immediate correction, which the market … Continue reading

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