Natural Resource Partners Lp (NRP) update 01-31-2022

 Natural Resource Partners Lp (NRP) entering buy zone

Natural Resource Partners Lp (NRP), trading in excess of 23% above The US Oil Fund ETF (USO) is trading over near term resistance. See stock chart below:

Natural Resource Partners Lp (NRP) 

20+ Year Treasury Bond ETF update 01-28-2022

20+ Year Treasury Bond ETF holding support

The (TLT) ETF, on AVOID, weekly chart is holding a reversal (support and resistance) at $140.50. A weekly close below this level will suggest a continuation of selling pressure. The Real Rate of Return over a 200 day average is about –15%. See stock chart below: 

20+ year Treasury Bond ETF (TLT)

Pdc Energy, Inc. update 01-27-2022

 Pdc Energy, Inc. (PDCE) looking at another new 52 week high

Pdc Energy, Inc. is engaged in the exploration and and production of crude oil. Weekly chart, if it closes over $59.04, will make another 52 week high. See stock chart below:

PDC Energy (PDCE)

Short S&P 500 Index ETF update 01-21-2022

Short S&P 500 Index ETF update

The Short S&P 500 Index (SH), LONG, has come off a bottom and is trading today over the December reversal. The reversal is $14.49.  ..see stock chart below:

Short S&P 500 Index ETF (SH)

Russell 2000 ETF update 01-19-2022

Russell 2000 small cap stock ETF breaks support again

The Russell 2000 ETF (IWM), on Avoid, trading today at $205 continues to deteriorate, and breaks under the next long term Reversal (support and resistance) at $208.10. .see stock chart below.

Oil, and Energy stocks, Long. Gold, Treasury Bonds, Avoid... Inflation trade? Whatever is trading in excess of 20% annualized long term.

Russell 2000 Index ETF (IWM)

 

SPDR Sector ETF watchlist update 01-17-2022

Energy stocks are the strongest performing sector

The watchlist ranks The SPDR Sector ETFs by pure momentum trendfollowing. Each ETF is analyzed for trend momentum. The analysis measures trend strength, benchmarked at a 20% annualized growth rate, over four time frames: 63 days, 126 days, 189 days, 250 days. The trends are indexed with added weight on the 63 day time frame, to produce the Trend Score. A positive Trend Score, is trending in excess of 20% annualized. The S&P 500 Index SPDR ETF (SPY) is added to the watchlist for relative strength performance comparison. 

Sym	Name	Trend Score % diff
XLE	SPDRs Select Sector Energy ETF	12.28
XLP	SPDRs Select Sector Con Staples ETF	1.34
XLF	SPDRs Select Sector Financial ETF	0.78
XLK	SPDRs Select Sector Technology ETF	-1.22
XLB	SPDRs Select Sector Materials ETF	-1.44
SPY	SPDRs S&P 500 Trust Series ETF	-1.86
XLU	SPDRs Select Sector Utilities ETF	-1.98
XLRE	Real Estate Select Sector SPDR Fund	-2.50
XLI	SPDRs Select Sector Industrial ETF	-2.70
XLY	SPDRs Select Sector Cons Disc ETF	-3.00
XLV	SPDRs Select Sector Health Care ETF	-3.10
XLC	Communication Serv Sector SPDR ETF	-7.92

S&P Commodity Index ETF rallying for higher highs

 S&P Commodity Index ETF gunning for higher highs

The S&P Commodity Index ETF (GSG) $GSG is rallying for higher highs. The next major high, or reversal point, is the high back in 2018 at $18.80.   ..see stock chart below:

The (GSG) is trading 1.2% above, over a 200 day moving average, The DB Commodity Index ETF (DBC). ..see stock chart below:

S&P Commodity Index ETF (GSG) reversal point

(GSG) relative to DB Commodity Index (DBC)

Nasdaq 100 Index update 01-10-2022

The Nasdaq 100 Index (NDX) is leading the way down versus the S&P 500 Index (SPX). Looking at weeklies (5 day look backs), The NDX is breaking a major reversal (support and resistance) area at $15,483.

The Nasdaq 100 Index lead the way up, along with Tech, is now leading the way down. Expect a rating downgrade from Long to Neutral. See stock chart below:

The 1X Inverse Nasdaq 100 Index ETF (PSQ) is breaking out on the weekly reversals. Expect a rating upgrade Neutral to Long. from See stock chart below:

Nasdaq 100 Index (NDX)

Inverse Nasdaq 100 Index ETF (PSQ)

Twitter vs. The S&P 500 Index 01-07-2021

Twitter is way below the S&P 500 Index 

Twitter, Inc. stock (TWTR) $TWTR compared to The S&P 500 Index (SPX) $SPX, using a 200 day relative strength moving average, is underperforming by 37%. See stock chart below:

Twitter versus The S&P 500 Index

Long Term US Treasuries 01-07-2022

Long term treasuries deteriorating

Analyzing weekly reversals of the 20+ year Treasury Bond ETF (TLT), a significant long term pivot area is identified just below trading trading today. The TLT is trading today at $142. The pivot area (support and resistance) where a high number of reversals occur, is $141.60. Continued selling, and closing under the pivot suggests a continuation of deterioration. Interest rates continue to rise. The stock chart below shows the TLT pivot area.

 

Long Term Treasury Bond ETF (TLT)

 

SPDR Gold Trust 01-06-2022

 SPDR Gold Trust breaks support

The SPDR Gold Trust (GLD) continues to under-perform, gaps down and trades under last weeks low of $167.30. The sideways chop continues. Energy stocks are stronger than gold and the stock stocks. See stock chart below:

SPDR Gold ETF (GLD)

S&P 500 Index 01-04-2022

 S&P 500 Index is holding the breakout

The S&P 500 Index $SPX #SPX, weeklys, broke out, and took out two down side reversals in December. That reversal or pivot number is $4,730. That also lines up with last weeks low of $4,734. So a take out of this price action would make the Bears grin. see stock chat below:

S&P 500 Index (SPX)

Ark Innovation ETF vs. The S&P SPY ETF

The Ark Innovation ETF continues to way underperform

The Ark Innovation ETF (ARKK) when compared to the SPDR Sector ETFs, on a relative strength basis, over a 200 day moving average, where the S&P 500 SPDR ETF (SPY) is the benchmark, continues to drastically underperform. Here are the numbers:

Sym	ETF	% Diff
XLK	SPDRs Select Sector Technology ETF	5.8
XLY	SPDRs Select Sector Cons. Discr. ETF	4.5
XLRE	Real Estate Select Sector SPDR Fund	3
SPY	SPDRs S&P 500 Trust Series ETF	0
XLE	SPDRs Select Sector Energy ETF	-0.4
XLV	SPDRs Select Sector Health Care ETF	-0.8
XLP	SPDRs Select Sector Cons Staples ETF	-1.2
XLU	SPDRs Select Sector Utilities ETF	-2.5
XLB	SPDRs Select Sector Materials ETF	-2.8
XLF	SPDRs Select Sector Financial ETF	-3.9
XLI	SPDRs Select Sector Industrial ETF	-6.6
XLC	Comm. Serv. Sector SPDR Fund	-9.9
ARKK	ARK Innovation ETF	-23.2