In this episode of StockCharts TV's Sector Spotlight, I take a look at Asset Class rotations, highlighting the current strength of US stocks in comparison to Bonds. In the Sector Rotation segment, I address the differences between cap-weighted and equal-weighted sectors and find some interesting stocks inside the... READ MORE
Near-Term Rotations The Relative Rotation Graph above shows the stock rotation inside the NYFANG index. Semiconductor stocks AMD and NVDA have been the leaders over the past weeks/months, but they are now rolling over into weakening and heading toward the lagging quadrant. TSLA and NFLX are still inside the... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I present an in-depth assessment of the current state of rotation in asset classes and sectors, and also share some background on where the split into three groups -- offensive, defensive, and sensitive -- is coming from. Spoiler alert: The... READ MORE
In this episode of StockCharts TV's Sector Spotlight, wrapping up the month of May, I look back at developments in May for Asset Classes and Sectors. Using Monthly Relative Rotation Graphs and monthly charts, I talk you through the good and the not-so-good parts of the markets, starting... READ MORE
It's been a while since we discussed international stock markets. Above is the Relative Rotation Graph that shows the rotation for a group of international stock market indices against $DJW, The Dow Jones Global Index. Looking at this, chart I see two big(ger) rotations that are probably... READ MORE
In this episode of StockCharts TV's Sector Spotlight, wrapping up the month of May, I dive into the seasonal characteristics of the markets. I start with a quick look back at seasonal rotation during the current month, then assess the seasonal expectation for the S&P 500... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at sector rotation while breaking down the universe into offensive, defensive, and sensitive sectors. I then zoom in on the groups that make up the technology sector and some of the stocks in them, where I find a... READ MORE
The NYSE FANG+ index $NYFANG holds ten of the largest stocks in the US. 1. Alphabet - GOOGL 2. Snowflake - SNOW 3. META Platforms - META 4. NVIDIA Corp - NVDA 5. Amazon - AMZN 6. Microsoft - MSFT 7. Advanced Micro Devices - AMD 8. Apple - AAPL... READ MORE
In this week's edition of StockCharts TV's Sector Spotlight, I take a look at developments on asset class level and more specifically, the USD and BTC. I then compare current cap-weighted sector rotation with its equal-weight equivalent to find some interesting differences. Finally, I re-introduce the... READ MORE
After looking at the Sector Rotation Model, Seasonality, and Monthly charts in recent episodes, it is time for an assessment of current market rotation again. In this week's edition of StockCharts TV's Sector Spotlight, I take a look at the rotations for asset classes on weekly... READ MORE
While the S&P 500 struggles to push beyond its overhead resistance in the area around 4200, money is rotating out of offensive sectors into defensive AND sensitive. On the weekly chart, two trading ranges are starting to emerge. The first one is the more narrow one, between roughly... READ MORE
This a packed episode of StockCharts TV's Sector Spotlight; as you'll notice from the different setup, Julius recorded IN the studio at the StockCharts.com headquarters! With the show on hiatus last and this week being the first Tuesday of the month, Julius covers both the... READ MORE
This journey started back in October 2022. After three years of no traveling and four years not having been to the US, it was finally possible to have an in-person event again, or at least partially. StockCharts.com has been hosting its bi-annual conference, "ChartCon," since 2011. My... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I evaluate the current state of the Sector Rotation Model. Each quarter, I take the elements of the Model, as described by Sam Stovall, and use the charts of four macroeconomic indicators and the monthly RRG to determine where the... READ MORE
On this episode of StockCharts TV's Sector Spotlight, I put the spotlight on Energy, starting off with a look at the rotation of various commodity groups and a focus on the group of Energy-related commodities. Following this assessment, I move to the Energy sector and the stocks inside... READ MORE
The daily RRG for US sectors is showing an interesting picture. Out of all eleven sectors, only four are on a negative trajectory. Industrials is inside the lagging quadrant at a very short tail, and more or less in a static position, which means that the sector is in a... READ MORE
The first Tuesday of the month means monthly charts in this episode of StockCharts TV's Sector Spotlight. I start with an overview of long-term trends in asset classes, including a look at the USD and BTC and the relationship between stocks and bonds. I then move on to... READ MORE
On the weekly RRG, the tail for XLY, Consumer Discretionary, is inside the improving quadrant and heading at an RRG-Heading of roughly 90 degrees. Not ideal; somewhere between 0-90 is stronger, as it indicates that the trend is still picking up speed, but not wrong either. With only two sectors... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this last Tuesday of the month, I take a look at seasonality as the S&P 500 enters the (historically speaking) strongest month of the year. Two sectors are showing meaningful odds for out-performance in April, and one... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I talk you through my assessment of what's going on in terms of sector rotation and how that connects with my observations of the S&P 500 chart. Following that assessment of current market behavior, I then... READ MORE
Since late 2021, value stocks have been dominating Growth. The $DJUSGR:$SJUSVA ratio rode the way down together with $SPX. I highlighted this development in a few articles back in 2022. At the moment, that situation seems to be reversing. The Relative Rotation Graph above shows the Growth Value rotation... READ MORE
In this episode of StockCharts TV's Sector Spotlight, after two episodes looking at longer term trends, first in seasonality and then in price trends on the monthly charts, I talk you through what's happening in current rotations for asset classes and sectors. We look at the... READ MORE
Right now, it seems the most enticing tail on the relative rotation graph for US sectors is that of XLK, the technology sector. XLK has been in a strong RRG heading for a few weeks already, crossing over into the leading quadrant last week, and has continued to push further... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this first Tuesday of the month, I take a look at the completed monthly charts for February for both Asset Classes and Stock sectors. While evaluating last month's performance for the individual sectors, I include the February... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I assess the current state of sector rotation, highlighting the ongoing rotation out of defense in favor of more offensive and economically-sensitive sectors. As it is the last Tuesday of the month, seasonality make ups a big part of the... READ MORE
The Energy Sector Seems to be Coming Back to Life On the Relative Rotation Graph (RRG), a long tail is visible starting in July 2022, traveling from weakening back up towards and into leading in October 2022. After another rotation through the leading quadrant, the tail for XLE crossed into... READ MORE
The Relative Rotation Graph for US sectors continues to show a shift out of defensive sectors into more offensive and economically sensitive ones. The improvement for XLC (communication services, XLY (consumer discretionary), and XLK (technology) continues and is visible inside the improving quadrant. All three tails are travelling at a... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at the current state of sector rotation, highlighting the most important rotations from a positive as well as a negative perspective. After that, I zoom in on the Communication Services sector and highlight seven individual stocks; four worth... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this first week of February, I address high level asset-class rotation, then step into sectors. From the sector level, I use Relative Rotation Graphs, in combination with the scan engine, to drill down into industries and individual stocks. This... READ MORE
I talk about it almost every week in Sector Spotlight, but I just realized that I have not written about it for quite a while. The investment decision that has the most significant impact on your results... Asset Allocation. Many, especially retail investors, are so focused on the stock market... READ MORE
In this episode of StockCharts TV's Sector Spotlight, for this first week of February, I cover both the seasonality and the monthly charts. We have an interesting alignment of seasonal expectation and current sector rotation floating to the surface, offering a nice potential pair trading opportunity. This video... READ MORE
In the second half of 2022, the price chart for XLY started to form a falling wedge pattern. This pattern or formation is characterized by two converging trendlines, BOTH moving lower. The falling wedge variant comes in two variations. It can be either a continuation within an established uptrend or... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I address the current state of asset class rotation, then move on to sector rotation. I divide the market in three groups -- Offensive, Defensive and Sensitive -- and find an interesting alignment that should be taken seriously as an... READ MORE
In this week's episode of Sector Spotlight, I looked at market breadth using two different variations of Relative Rotation Graphs. Following that show, I received an email from a user reminding me of another set of market breadth indices that we keep for sectors: the BullishPercent indices. You... READ MORE
After a 50% decline, you need to make a 100% return to break even. That is precisely what happened to the Communication Services sector. In August 2021, the Communications Services Select Sector SPDR fund (XLC) peaked at 85 and, from that point onward, started a disastrous decline, bringing its price... READ MORE
In this episode of StockCharts TV's Sector Spotlight, I look at the current state of sector rotation, then walk through all 11 sector charts to make an assessment on their individual (relative) trends and their near-term support and resistance levels. Next, I use all this information to "... READ MORE
On the Relative Rotation Graph for US sectors, the tail for XLRE, the Real Estate Select Sector Fund, is inside the improving quadrant and heading towards leading at a positive RRG-Heading. This is one of the few tails with a positive RRG-Heading, between 0-90 degrees. The other ones are Utilities,... READ MORE
In this year's first episode of StockCharts TV's Sector Spotlight, I take a look at the Sector Rotation Model and address the current state of stock market sector rotation. Then, I discuss the four macroeconomic indicators that form an integral part of the model to assess... READ MORE
From the Sector Level On the Relative Rotation Graph for US sectors, the tail for the Utilities sector stands out. It is relatively long compared to the other tails on the graph, which indicates that there is quite a bit of power behind the move. With the tail moving from... READ MORE
In this year's first episode of StockCharts TV's Sector Spotlight, I address the expected seasonal performance for the stock market and the individual sectors. I locate one sector at high odds for outperforming the S&P 500 in January, as well as a sector with... READ MORE