September has not been nice for the broader market, but one key industry group is holding up quite well. The Semiconductor Index ($SOX) actually shows a gain month-to-date and shows relative strength. The S&P Retail Index shows a relatively small loss, as does the Airline Index ($XAL). Banks, Brokers, Oil Services and Gold/Silver are leading the way lower.
Click this image for a current chart.
Weekly update on US sector rotation using Relative Rotation Graphs... READ MORE
China stocks are surging, with FXI up 55% year-on-year. Learn what’s driving the rally, key technical levels, and what it means for retail investors.... READ MORE
The Nifty is trading within a narrow band and testing the 25,100–25,150 resistance zone. Investors should look for a break above this resistance zone before considering long positions.... READ MORE
China stocks are surging, with FXI up 55% year-on-year. Learn what’s driving the rally, key technical levels, and what it means for retail investors.... READ MORE
Mary Ellen reviews the market’s latest moves following Fed Chair Powell’s Jackson Hole comments, inflation concerns, and key earnings reports. Discover which areas are gaining strength as interest rate expectations shift, with energy, banks, homebuilders, and regional names all showing leadership. In addition, Mary Ellen highlights constructive setups... READ MORE
Signs of correction and rotation emerged this week as money moved out of tech-related groups and into defensive groups. Here's a perspective on this week's rotation with some year-to-date performance metrics.... READ MORE