Tag: Trading Exchange Traded Funds

Semiconductor stock Cree Inc. (CREE) beat earnings estimates on Tues., Aug. 20 but the stock gapped below its 200-day simple moving average at $54.27 and traded around its semiannual pivot at $48.64 on Wednesday and Thursday. As a result, the weekly chart will end this week negative. Cree closed Thursday at $47.80 up 11.7% year-to-date and in bull market territory 41.8% above its Oct. 11 low of $33.72. The stock is also in bear market territory 30.9% below its 2019 high of $69.21 set on April 24. The LED and…

One thing I have learned in my career on Wall Street is the yield curve truly is a leading indicator of current and expected financial conditions. The main stream media is doing a great job of reporting on the fact that the yield curve is happening. However, how to position your portfolio is being left out of all this yield curve chatter, which might be most important. Nevertheless, we first need to talk about what an inverting yield curve is and what it means for all of your qualified and…

Hedge funds have been on a shopping spree in the beaten-down health care sector lately as they sell off holdings of information technology stocks. Health care stocks, hampered by increased regulatory risks earlier in the year, now comprise the largest net exposure for hedge funds and their largest net overweight position compared to the Russell 3000. Meanwhile, the info tech sector is losing favor with hedge funds, becoming the most underweight sector amid increasing U.S.–China trade-war risks, according to Goldman Sachs. “Funds took the policy-driven decline of health care stocks in 1H…

For the third consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $14.6 billion for Lipper’s fund-flows week ended August 21, 2019. Fund investors were net purchasers of money market funds (+$22.6 billion), taxable fixed income funds (+$2.8 billion), and municipal bond funds (+$1.6 billion). However, they were net redeemers of equity funds (-$12.2 billion). Market Wrap-Up For the fund-flows week ended August 21, 2019, markets rebounded after suffering the worst one-day decline since December 4 on Wednesday, August 14. While…

In this article, we examine the significant weekly order flow and market structure developments driving XLU price action. As noted in last week’s XLU Weekly, the highest probability path for this week was for price discovery higher following last week’s buy-side breakout. This week’s primary expectation played out as buy-side continuation began early in Monday’s auction, ultimately achieving a new, all-time high into Friday’s auction, before sell excess developed, driving price lower to 61.17s ahead of Friday’s close, settling at 61.48s. NinjaTrader 19-23 August 2019: This week’s auction saw buy-side…