Elev8 Model Trade Signal: Tactical Positioning Recap
Recapping the week’s trade, we’ve closed our tactical short on XLK. We remain short XLY, XLE and XLB
Elev8 Model Trade Signal: Tactical Positioning Recap Read More »
Recapping the week’s trade, we’ve closed our tactical short on XLK. We remain short XLY, XLE and XLB
Elev8 Model Trade Signal: Tactical Positioning Recap Read More »
Equities resumed their steady march higher with the major US indices all in positive territory on the day. The S&P 500 added 0.42% while the Nasdaq was up 0.57% and the Dow gained 0.14% as the laggard on the day. The Russell 2000 advanced 1.32% after lagging the large cap. benchmarks for most of the
ETFsector.com Daily Trading Outlook, August 22, 2024 Read More »
The equity rally paused on Tuesday as the major US indices broke multi-day winning streaks. The Nasdaq led shares lower down 0.33% while the S&P 500 gave up 0.20% and the Dow was off 0.15%. At the sector level, Energy shares were the downside catalyst with XLE losing 2.64% on the day. Performance among the
ETFsector.com Daily Trading Outlook, August 21, 2024 Read More »
The Japan Carry Trade is a popular foreign exchange strategy that takes advantage of Japan’s low interest rates. This strategy has been extremely popular, with an estimated $4 trillion involved in yen carry trades. Here’s how it works: Borrowing in Yen: Investors borrow money in Japanese yen at very low interest rates. Japan has maintained
From Carry to Scary: Unwinding Japan’s Favorite Trade – August 2024 Read More »
The path of least resistance is clearly higher in the near-term. The Nasdaq added 1.39% leading the major US Indices higher while the S&P 500 gained 0.97% and the Dow added 0.58% on the day. At the Sector level XLK, XLC and XLY were in the leadership cohort as they have been for most of
ETFsector.com Daily Trading Outlook, August 20, 2024 Read More »
Equities capped a strong weak with gains on Friday as the Dow paced the major indices, adding 0.24% while the Nasdaq was up 0.21% and the S&P 500 0.20%. The weekly gain was the best for the S&P 500 this year as recession fears fade in light of a slew of data that has threaded
ETFsector.com Daily Trading Outlook, August 19, 2024 Read More »
Interest Rates and Housing are the Key to the Consumer
Narrations of a Sector ETF Operator | Weekly Market Letter, August 18, 2024 Read More »
Deane Gyllenhaal is an ETF and Index strategies industry expert who contributes to ETF Insight, a NY-based digital marketing firm. Deane brings two decades of investment leadership and portfolio construction experience with him. Previously, he was a senior portfolio manager at Geode Capital, Hartford Investments, and State Street Global Advisors.
ETF Sector Commentary – Week ending 08-16-2024 Read More »
Equities surged higher again with the Nasdaq adding 2.34% leading the major US Indices higher and continuing to rapidly retrace declines at the beginning of the month. The S&P 500 added 1.61% while the Dow gained 1.39% with all three indices closing near the best levels of the day. At the Sector level, XLK and
ETFsector.com Daily Trading Outlook, August 16, 2024 Read More »
Our Elev8 Sector Rotation model entered August triggering some risk-off signals. We have since had a roughly 10% correction in the S&P 500 and are in the midst of a sharp upside bounce off recent lows. In the last few days, we have seen our short in XLY hurt performance, but the trend following model
ETFsector.com | Tactical Trading Update: Rally has Reached Resistance Read More »