Trend Signals 12-13-2021

SPDR Sector ETF watch list ranked and sorted

This watch list is a pure, rules based, momentum trend following strategy.The watch list is the SPDR Sector ETFs scored, ranked and sorted by trend momentum. The analysis measures trend relative strength over 4 time frames: 63 days, 126 days, 189 days, 250 days. The relative benchmark, the trend signal, is 20% annualized. The trends are indexed, with added weight on the 63 day time frame. The S&P 500 Index SPDR ETF (SPY) is added to the watch list for relative performance comparison. The top rank score of 100% is outperforming all items on the list. If nothing else, all the ETFs, with a positive trend, and, above 70% Rank should be Long. Why the 20% benchmark? The Real Rate of Return (RRR) , after taxes, inflation, and other expenses, should be a positive number. Think of the 20% as the risk free rate of return (Treasury Yields, as a “risk premium”, in a world of artificial rates and inflation, long ago, no longer apply).

Symbol	ETF	Trend Score %	Rank
XLK	SPDRs Select Sector Technology ETF	6.94	100%
XLRE	Real Estate Select Sector SPDR Fund (The)	2.54	92%
XLY	SPDRs Select Sector Consumer Disc. ETF	1.28	83%
SPY	SPDRs S&P 500 Trust Series ETF	0.78	75%
XLU	SPDRs Select Sector Utilities ETF	0.16	67%
XLP	SPDRs Select Sector Cons. Staples ETF	0.06	58%
XLV	SPDRs Select Sector Health Care ETF	-0.14	50%
XLB	SPDRs Select Sector Materials ETF	-0.60	42%
XLE	SPDRs Select Sector Energy ETF	-0.82	33%
XLI	SPDRs Select Sector Industrial ETF	-3.04	25%
XLF	SPDRs Select Sector Financial ETF	-3.26	17%
XLC	Communication Services Sector SPDR ETF	-8.64	8%