Travel and Leisure stocks Index underperforming The Dow Jones Travel and Leisure stocks Index (DJUSTT) is drastically underperforming The S&P 500 Index. On relative strength moving averages, the 50 day is 10% below the 200 day. See stock chart below. Here is a quote from a Yahoo writer in an article today focused on HyattContinue reading “Travel and Leisure stocks Index underperforming”
Category Archives: #trendfollowing
Bill Ackman spac Pershing Square ETF is underperforming
Bill Ackman spac Pershing Square ETF is underperforming The Pershing Square ETF (PSTH) is drastically underperforming The S&P 500 Index (SPX), on both the 50 and 200 day relative strength moving averages. But, the big website, that starts with a Y, is quick to point out that Mr. Ackman is a billionaire.
Tesla, Inc. and The ARKK Innovation ETF are both underperforming the market
Tesla, Inc. and The ARKK Innovation ETF are both underperforming the market Michael Burry and Cathie Wood are having a twitter fight. Ignore the media. Both Tesla (TSLA) and The ARKK ETF (ARKK) are underperforming The S&P 500 Index (SPX) on the 50 and 200 day moving average.
Taiwan Semiconductor Manufacturing
Taiwan Semiconductor (TSM) underperforming
Gold Miners stock selloff continues
gold stocks bear market continues
Franco-Nevada Corporation
Franco-Nevada Corporation trend analysis Franco-Nevada Corporation $FNV (FNV) last week began to outperform the S&P 500 Index (SPX), on a relative strength basis. The stock is trading in excess of the S&P 500 on both the 50 day and 200 day moving average. The stock chart below shows the relationship to the S&P on theContinue reading “Franco-Nevada Corporation”
S&P 500 Index trend analysis
S&P 500 Index trend analysis The S&P 500 Index (SPX) $SPX relative strength tends to hug and bounce off of a 30% annualized rate growth over a 200 day average. When it dips below, it is vulnerable to a correction and/or consolidation. As of Fridays’ close the index is 1.1% above this trend. See chartContinue reading “S&P 500 Index trend analysis”
S&P 500 Index ETF end of week update
S&P 500 Index ETF end of week update The S&P 500 Index ETF (SPY) $SPY closed the week tracking along the 50 day moving average in excess of 30% annualized, and along the the 200 day moving average in excess of 30% annualized. So we’ll establish the 30% annualized as a benchmark, and compare Europe,Continue reading “S&P 500 Index ETF end of week update”
The SPDR® S&P® Oil & Gas Exploration & Production ETF entry point
oil and gas stocks gaining strength
The Energy Select Sector SPDR® Fund entry point
oil and gas stocks gaining strength