Tuesday, September 28, 2021

Automobiles stock watchlist

Stellantis (STLA), the Dutch based international automotive company, is being promoted today by a big stock promoter, and a stock promoter website, so we are looking at the entire industry watch-list on a trend following relative strength basis. The watch-list contains, in addition to automobile manufacturers, other vehicles, and auto parts companies.

The relative strength indicator is the 39 week moving average with The SPDR S&P 500 ETF Trust (SPY) as the benchmark.

Of the 77 stocks on the watch-list, Stellantis (STLA) ranks number 15, and is below the cut-off. Ranking list and stock chart below:

 

Symbol Company % difference
ZEV Lightning eMotors` Inc 50.4
VNE Veoneer Inc 21.8
DOOO BRP Inc 11.4
JCI Johnson Controls Inc 8
REVG REV Group 6.5
LKQ LKQ Corp 6.4
SUP Superior Industries 5.8
TM Toyota Motor Corporation 5.5
THRM Gentherm Inc. 3.7
F Ford Motor Co 3.3
TSLA Tesla Inc 2.2
TTM Tata Motors Ltd Ads 0.9
SHYF The Shyft Group Inc 0.5
TEN Tenneco Inc -0.3
STLA Stellantis N.V. -0.8
CWH Camping World Holdings -1.3
HMC Honda Motor Co.` Ltd. ADS -3.9
RACE Ferrari NV -4
FSS Federal Signal Corp -4.3
APTV Aptiv -4.9
SMP Standard Motor Products Inc -5.2
SHLOQ Shiloh Industries Inc -6.3
ADNT Adient Plc -8.8
LI Li Auto Inc -9
DORM Dorman Products Inc -9.5
WGO Winnebago Industries Inc -9.5
DAN Dana Incorporated -10
THO Thor Industries Inc -10.1
GM General Motors Company -10.2
GNTX Gentex Corp -10.2
MNRO Monro Inc -10.9
BWA Borg Warner Inc -11.3
PII Polaris Industries Inc -11.3
OSK Oshkosh Corp -12.2
MCFT MCBC Holdings Inc -12.6
XPEV XPeng Inc -12.7
HOG Harley-Davidson Inc -13.2
LCII LCI Industries -13.3
ALV Autoliv Inc -13.4
WNC Wabash National Corp -14.2
LEA Lear Corporation -15
PCAR Paccar Inc -15.7
FSR Fisker -16
MPAA Motorcar Parts of America -16.2
AXL American Axle & Manufact -16.9
ALSN Allison Transmission -17.8
MLR Miller Industries Inc -18.5
BLBD Blue Bird Corporation -19.4
PLOW Douglas Dynamics Inc -20.7
MTOR Meritor Inc -22.3
VC Visteon Corp -23.3
STRT Strattec Security Cp -24.4
NIO NIO Inc -24.9
MOD Modine Manufacturing Co -26.4
FUV Arcimoto Inc -26.9
CPS Cooper-Standard Holdings -29
NKLA Nikola Corp -30.2
NIU Niu Technologies -31.5
SOLO Electrameccannica Vehicles -31.9
HY Hyster-Yale Materials Hand -33.3
KNDI Kandi Tech Corp -33.7
CHPT ChargePoint Holdings Inc -34.2
SRI Stoneridge Inc -34.3
GOEV Canoo Inc -35.2
GP GreenPower Motor Co -35.4
ARVL Arrival -36.8
CAAS China Automotive Systems -38.1
UFAB Unique Fabricating Inc -38.5
AYRO AYRO Inc -39.8
QS QuantumScape -39.9
XOS Xos` Inc -40.1
PTRA Proterra Inc -40.6
VRM Vroom Inc -41.6
XL XL Fleet Corp -46.1
WPRT Westport Fuel Systems Inc -48.1
RIDE Lordstown Motors Corp -48.9
WKHS Workhorse Group Inc -54.4

 

Stellantis (STLA)


Monday, September 27, 2021

LKQ Corporation (LKQ) relative strength

LKQ Corporation (LKQ) relative strength, versus the S&P 50 Index (SPX)

LKQ Corporation (LKQ) which sells new and used auto parts. They say they buy 600,000 used vehicles per year, is trading 6.1% above The S&P 500 Index over a 39 week moving average. Stock chart below:

LKQ Corporation (LKQ)


Saturday, September 25, 2021

China stock bear market

 The Chinese stock market ETFs, traded in The US, topped in February. So, it is interesting that the news concerning The Evergrande Group - Real Estate Company, blew up over the past week, looking at search statistics on Google Trends.

The iShares MSCI China ETF (MCHI), on a relative strength basis, 200 day moving average, is trading 22% below the SPDR S&P 500 Index ETF (SPY). Stock chart below:

iShares MSCI China ETF (MCHI)

 

Friday, September 24, 2021

Trendfollowing The Select Sector SPDR Energy (XLE)

The Select Sector SPDR Energy (XLE), which tracks the Large cap energy stocks,  has bottomed, and today is breaking out over the July and August highs. On a trendfollowing basis, the ETF is is approaching a 39 week relative strength crossover from below to above, versus The SPDR S&P 500 Index ETF (SPY). Stock charts below:

Energy SPDR medium term breakout, daily:

Energy SPDR ETF (XLE)

 

Energy SPDR (XLE) relative strength versus the SPDR ETF (SPY), 39 week average:

Energy SPDR (XLE) relative strength



Tuesday, September 21, 2021

Trendfollowing The United States Oil Fund (USO)

Trendfollowing The United States Oil Fund (USO) an ETF that invests in oil, looking at a 39 week relative strength moving average, is currently trading in excess of a 30% annualized rate of growth. Stock chart below:

United States Oil Fund (USO)


Sunday, September 19, 2021

US Stock Market Sector ETF Trend Analysis

 The Technology Select Sector SPDR Fund ETF is ranked, on a relative strength trendfollowing basis, number one of the eleven S&P Sectors. This methodology analyses four time look-back segments over 250 trading days. The % Difference indicates the trend over or under a 20% annualized rate of growth (the benchmark). Extra 'weight' is given to the initial segment of 63 days. The four segments combined provide The Score Score.

Sector Name Symbol 63 day % diff 126 day % diff 189 day % diff 250 day % diff Trend Score
Technology Select Sector SPDR Fund XLK -0.1 2.7 3.8 5.6 2.38
Real Estate Select Sector SPDR Fund XLRE -0.8 1.7 5.2 6.5 2.36
Communication Serv. Select Sector SPDR Fund XLC -1.3 0 2 4.7 0.82
Financial Select Sector SPDR Fund XLF -1.1 -2 0.9 5.7 0.48
Health Care Select Sector SPDR Fund XLV -1.2 0.5 1.4 2.2 0.34
Consumer Disc. Select Sector SPDR Fund XLY -0.2 -0.2 -0.3 0.6 -0.06
Consumer Staples Select Sector SPDR Fund XLP -1.8 -3 -3 -3.9 -2.7
Utilities Select Sector SPDR Fund XLU -1.9 -3.1 -3.2 -4.8 -2.98
Energy Select Sector SPDR Fund XLE -3.2 -6.6 -4.6 1.5 -3.22
Industrial Select Sector SPDR Fund XLI -4.4 -6 -4.2 -2.3 -4.26
Materials Select Sector SPDR Fund XLB -4 -6.3 -4.8 -2.8 -4.38

 

 

Thursday, September 16, 2021

The gold miner stock selloff continues

The Gold Miner Index (GDM) is selling off, again. The Index sold right down to a medium term reversal at $852.60 (support and resistance) and stopped. This area of support is not a real strong level of price support. We'll see how the day closes. Stock chart below. Comments welcome.

Gold Miner Index (GDM)


Monday, September 13, 2021

Trend Investing | top large cap stocks ranked by trend

The top 300 large cap stocks, screened for market cap and liquidity, ranked by relative strength using the difference between the S&P 500 Index 50 day relative strength moving average versus the S&P 500 Index 200 day relative strength moving average. September 13th, 2021. 

Moderna (MRNA) is ranked number 1. Plug Power (PLUG) is ranked number 300. 

View in Google sheets:  Top ranked 300 stocks

Saturday, September 11, 2021

Base Metals: Invesco DB Base Metals Fund (DBB)

The Base Metals ETF (DBB) is in a powerful long term rally. It Broke out on Friday, to a new 52 week high.

ETF Portfolio:
Futures        % of Net Assets
Aluminum    42.40
Copper        40.34
Zinc             29.91

Relative Strength Moving Average (RSMA) compared to The S&P 500 Index:

RSMA     % diff
10 Day     4.2
21 Day     5.0
50 Day     4.4
200 Day   2.1

Relative Strength Moving Average (RSMA) compared to 30% annualized rate of growth:

RSMA     % diff
10 Day     3.0
21 Day     3.9
50 Day     3.2
200 Day   1.5

Stock chart of The Base Metals ETF (DBB) relative to The S&P 500 Index (SPX), 200 day RSMA:


Base Metals ETF (DBB)

Wednesday, September 8, 2021

The ARKK Innovation ETF (ARKK) Cathie Wood

The ARKK Innovation ETF (ARKK), Cathie Wood,.. is hyped daily, on Yahoo Finance, and probably on teevee also. Maybe Tesla rivals ARKK., on Yahoo, for daily hype.

So, today we compare, using a relative strength moving average, The ARK (ARKK) ETF to the SPDR (SPY) ETF.

The ARK ETF (ARKK) versus The SPDR (SPY) ETF, over a 200 day relative strength moving average, is trading 10.9% below... stock chart below:



Sunday, September 5, 2021

Technology Stock Picks for week of September 7th - Invest with the Trend

 Two strong technology stocks are on the list:

  • CommVault Systems (CVLT) a leading provider of data management software applications
  • Belden Inc. (BDC) a leading global supplier of specialty networking solutions

Both stocks indicate excellent short, medium, and long term trend investing momentum. Both stocks are making new 52 week highs. Both stocks are outperforming The S&P 500 Index and the Nasdaq 100 Index.

 Belden and Commvault moving average relative strength % difference vs. The S&P 500 Index: 

Symbol 10 Day 21 Day 50 Day 200 Day
BDC 2.4 4.1 9.2 10.2
CMVT 3.3 5.7 3.4 10.2

 

Thursday, September 2, 2021

Stock Watchlist: SPDR Technology ETF (XLK) components

The SPDR Technology ETF (XLK) components list ranked and sorted by relative strength vs. The S&P 500 Index (SPX)

Using a 50 day relative strength moving average (RSMA) and a 200 day relative strength moving average, with the % Difference:

Symbol Name % Diff
FTNT Fortinet Incorporated 29.50
IT Gartner Inc 22.70
NVDA NVIDIA Corporation 19.00
DXC DXC Technology Company 13.30
INTU Intuit Inc 13.10
ADBE Adobe Systems Inc 10.30
ORCL Oracle Corp 9.70
MSI Motorola Solutions Inc 7.70
ZBRA Zebra Technologies Cp A 7.30
MPWR Monolithic Power Systems 6.50
MSFT Microsoft Corp 6.20
ANET Arista Networks Inc 5.90
CDW CDW Corporation 5.70
AMAT Applied Materials Inc 5.40
ACN Accenture Ltd 4.70
NLOK NortonLifeLock Inc 4.60
TRMB TrimbleInc 4.30
PAYX Paychex Inc 4.20
NTAP Netapp Inc 3.80
KEYS Keysight Technologies Inc 3.60
AMD Advanced Micro Devices 3.40
SNPS Synopsys Inc 3.40
STX Seagate Technology 3.20
PYPL PayPal Holdings Inc 2.50
CSCO Cisco Systems Inc 2.00
ADP Automatic Data Processing 1.60
AAPL Apple Inc 1.40
JNPR Juniper Networks 1.10
NXPI NXP Semiconductors NV 0.40
CDNS Cadence Design Systems 0.20
TEL Tyco Connectivity Ltd. 0.20
NOW ServiceNow` Inc 0.00
BR Broadridge Financial Sol -0.10
ENPH Enphase Energy Inc -0.20
TYL Tyler Technologies -0.30
TDY Teledyne Technologies -0.80
SWKS Skyworks Solutions Inc -1.10
LRCX Lam Research Corp -1.20
JKHY Jack Henry & Associates -1.30
V Visa Inc -1.30
CRM Salesforce.com Inc -1.70
AKAM Akamai Technologies Inc -1.80
ADI Analog Devices Inc -1.90
ADSK Autodesk Inc -1.90
APH Amphenol Corp -1.90
KLAC KLA Corporation -2.00
PAYC Paycom Software Inc -2.20
QRVO Qorvo Inc -2.30
IBM Int`l Business Machines -2.60
TXN Texas Instruments Inc -2.90
VRSN Verisign Inc -3.20
XLNX Xilinx Inc -3.20
AVGO Broadcom Inc -3.70
PTC PTC Inc -3.80
WDC Western Digital Corp -4.80
FFIV F5 Networks Inc -5.00
MA Mastercard Incorporated -5.00
HPE Hewlett Packard Enterprise -5.50
HPQ Hp Inc -5.90
ANSS Ansys Inc -6.10
GLW Corning Inc -7.00
QCOM Qualcomm Inc -7.40
TER Teradyne Inc -8.20
MCHP Microchip Technology Inc -8.80
FIS Fidelity National Information -10.00
FISV Fiserv Inc -10.40
INTC Intel Corp -11.00
WU Western Union Company -11.40
CTSH Cognizant Tech Sol Cp A -12.30
MU Micron Technology Inc -12.30
FLT FleetCor Technologies Inc -12.50
GPN Global Pmts Inc -15.40
IPGP Ipg Photonics Corp -16.30
CTXS Citrix Systems Inc -20.00