27
Jul
2015

Sector Detector: Lackluster earnings reports put eager bulls back into waiting mode

Even with many of the global issues pushed off the front page, eager bulls found yet another reason to keep the troops in the barracks. The only newsworthy items are related to corporate earnings reports, which have been mixed at best, interspersed with the occasional spectacular report -- primarily from mega-caps like Google (GOOGL), Facebook (FB), or Amazon (AMZN). Some of the bulls have taken their chips off the table until after Labor Day, while others have merely scaled back to scalping some trades. Either way, stocks appear destined to thrash about for the rest of the summer.

Author: smartindale / Tag: ETF, sectors, iShares, volatility, S&P 500, SectorCast, safe haven, technology, healthcare, consumer staples, utilities, Financial, SPY, VIX, IYF, iyw, IYJ, IYZ, IYC, IYK, IYH, IDU, IYM, IYE, FTEC, FHLC, FNCL, FSTA, FUTY, IXJ, KBWB, RYU, BDX, VRX, TRV, STI, AES, LVLT, GOOGL, AMZN, FB, TSO, VLO, MPC / 0 Comments
13
Jul
2015

Sector Detector: Stocks break out from their holding pattern as global uncertainties begin to settle out

We all know the big news stories that have kept both corporate leaders and investors in a semi-state of paralysis. They involve the future of Greece in the Eurozone, China’s growth and stock market stability, and the Federal Reserve’s plan for gradually normalizing the fed funds rate. I noted in my article last week that the technical picture appeared to be firming up for the bulls as the 200-day moving average kicked in with solid support and traders seemed to be doing an orderly retreat-and-retrench rather than panic-selling.

Author: smartindale / Tag: ETF, sectors, iShares, volatility, S&P 500, SectorCast, safe haven, technology, healthcare, consumer staples, utilities, Financial, SPY, VIX, IYF, iyw, IYJ, IYZ, IYC, IYK, IYH, IDU, IYM, IYE, FTEC, FHLC, FNCL, FSTA, FUTY, REM, PPH, RYU, BXMT, KEY, CHE, CBM, GAS, LVLT / 0 Comments
06
Jul
2015

Sector Detector: Bulls prepare for a new buying opportunity, courtesy of Greece

Of course, all eyes have been on Greece in an ongoing saga that, although critical to the Greeks, is mostly just an annoying distraction for global investors -- partly because it has been going on for so many years, with the proverbial can of inevitability continually being kicked down the road, and partly because there can be no winners in this intractable situation.

Author: smartindale / Tag: ETF, sectors, iShares, volatility, S&P 500, SectorCast, safe haven, technology, healthcare, consumer staples, utilities, Financial, SPY, VIX, IYF, iyw, IYJ, IYZ, IYC, IYK, IYH, IDU, IYM, IYE, FTEC, FHLC, FNCL, FSTA, FUTY, IGN, QABA, PPH, XHB, XLU, IAI, BBH, SCG, AES, RCPT, REGN, COWN, RJF / 0 Comments