ETF Rankings and Signals, July 30th 2008
Note: ETF rankings and signals are for educational purposes only and should not interpreted as an investment advice.
| Exchange Traded Fund Rankings |
Archive for the ‘Retail’
ETF Rankings and Signals July 20th, 2008
Note: ETF rankings and signals are for educational purposes only and should not interpreted as an investment advice.
| Exchange Traded Fund Rankings |
ETF Rankings and Signals July 13, 2008
Note: ETF rankings and signals are for educational purposes only and should not interpreted as an investment advice.
| Exchange Traded Fund Rankings |
New Sector Strength Table July 12, 2008
Starting today, I am introducing a table that tries to capture the current strength of each of the sectors.
I will publish this table every day as part of either my Sector Summary, or my Stock Market Summary post.
Take a moment to digest the information below. There are some notes below the table that may be helpful.
| Ticker | -13wk | -12wk | -11wk | -10wk | -9wk | -8wk | -7wk | -6wk | -5wk | -4wk | -3wk | -2wk | -1wk | Today | Fund Name |
| XLB | 67 | 70 | 71 | 66 | 66 | 72 | 73 | 67 | 64 | 55 | 57 | 45 | 32 | 27 | Materials |
| XLE | 66 | 73 | 76 | 71 | 71 | 74 | 77 | 70 | 65 | 63 | 63 | 62 | 60 | 43 | Energy |
| XLP | 67 | 65 | 65 | 63 | 65 | 66 | 63 | 59 | 63 | 52 | 39 | 33 | 28 | 33 | Staples |
| XLF | 48 | 46 | 51 | 61 | 65 | 60 | 50 | 38 | 31 | 26 | 26 | 22 | 19 | 19 | Financial |
| XLY | 53 | 48 | 53 | 58 | 65 | 68 | 66 | 57 | 54 | 40 | 36 | 27 | 23 | 21 | Discretionary |
| XLV | 37 | 37 | 36 | 39 | 49 | 53 | 55 | 54 | 60 | 38 | 35 | 31 | 33 | 41 | Health Care |
| XLI | 68 | 61 | 63 | 69 | 71 | 73 | 70 | 61 | 59 | 42 | 34 | 26 | 23 | 23 | Industrial |
| XME | 66 | 70 | 71 | 66 | 69 | 73 | 76 | 72 | 74 | 70 | 75 | 74 | 63 | 48 | Metals & Mining |
| XLU | 51 | 62 | 67 | 66 | 66 | 66 | 71 | 73 | 71 | 66 | 69 | 63 | 58 | 54 | Utilities |
| XLK | 57 | 58 | 68 | 69 | 72 | 74 | 71 | 69 | 70 | 61 | 54 | 37 | 27 | 26 | Technology |
How to best interpret this table?
Start by moving your gaze to the far right of the table.
There is a row for each of the sectors and their respective names are in the "Fund Name" column. The column, right next to it, labeled "Today" contains the score for each sector as of today.
The remaining columns that are labeled ‘-nwk‘ contain the score for the same sector n weeks earlier.
How to use this table profitably in your trading regimen?
The benefit of seeing the sector scores in such a time-varying format is that you can see sectors fade-in and fade-out of glory.
You can use this table to spot classical Sector Rotation and hopefully be able to implement a successful Tactical Sector Allocation strategy. I may publish some information on this at a later date.
The sector score formula itself is proprietary. However you are encouraged to give a shot at reverse engineering it.
As always, if you have any suggestions that may be useful, feel free to drop me a note.
Stocks July 9, 2008
After a big up day yesterday, the market tanked today. It is important to note that the overall market trend is still southward, and the sellers came back in droves today. The market erased all the gains from yesterday.
The small cap Russell 2000 index ( -2.78% ) and the tech heavy Nasdaq ( -2.6% ) took the brunt of the beating. 227 new lows were registered on the Nasdaq as compared to 40 new highs.
The indices were up in the morning and closed near intra-day lows.
On a positive note, volume was lower.
The sectors that lost the most were Financials (IYF -5.1%) and Real-Estate (ICF -7.67%) ETFs. Among the industry groups losing ground were Home Construction (ITB -7.31%), Broker-Dealers (IAI -5.87%) and Regional Banks (RKH -5.2%), Semiconductors (IGW -4.05%) and Leisure & Entertainment (PEJ -3.31%).
The sectors that ended higher were Metals & Mining (XME 0.6%), Utilities (IDU 0.81%) and Healthcare (XLV 0.48%). The industry groups that did well included Pharmaceuticals (XPH 1.11%), Hospitals, Food & Metal products, Steel (SLX 0.80%), Coal (KOL 0.42%).
As is to be expected from the sector rotation model, defensive sectors that include Healthcare, Utilities and Consumer Staples have been demonstrating strength lately.
| Index | Close | Today’s Chg | One Week | One Month | Three Months | Six Months | One Year |
| Dow Jones Industrials | 11147.44 | -2.08% | -2.06% | -9.23% | -11.01% | -11.45% | -17.44% |
| NYSE Composite | 8371.63 | -1.69% | -3.12% | -8.50% | -7.75% | -10.23% | -15.89% |
| Nasdaq Composite | 2234.89 | -2.60% | -3.04% | -9.13% | -3.76% | -8.43% | -15.32% |
| S&P 500 | 1244.69 | -2.28% | -3.13% | -8.60% | -8.11% | -10.47% | -17.58% |
| Russell 2000 | 663.75 | -2.78% | -4.03% | -9.72% | -4.96% | -5.83% | -20.74% |
MaxMoneyBlog Market Index (MMI), NYSE, Nasdaq, S&P 500, Russell 2000 charts.
Current Outlook
| Index | Short Term | Long Term |
| Dow Jones Industrials | Bearish | Bearish |
| NYSE Composite | Bearish | Bearish |
| Nasdaq Composite | Bearish | Bearish |
| S&P 500 | Bearish | Bearish |
| Russell 2000 | Bearish | Bearish |
Sector Summary
| Index | Close | Today’s Change | One Week Return | One Month Return | Three Months Return | Six Months Return | One Year Return |
| Basic Materials | 77.27 | -0.08% | -7.57% | -12.16% | -3.04% | 6.85% | 9.49% |
| Consumer Discretionary | 27.85 | -2.11% | -0.96% | -10.52% | -10.29% | -7.78% | -28.15% |
| Consumer Staples | 27.02 | -0.99% | 1.12% | -3.25% | -2.73% | -3.39% | 1.55% |
| Energy | 138.11 | -2.08% | -9.50% | -9.04% | 1.34% | 5.20% | 12.27% |
| Financials | 65.44 | -5.10% | -4.52% | -14.15% | -21.58% | -23.19% | -41.24% |
| Health Care | 31.25 | 0.48% | 2.19% | 0.47% | -0.95% | -11.83% | -9.84% |
| Industrials | 62.80 | -2.10% | -2.62% | -10.27% | -9.50% | -6.20% | -14.24% |
| Metals Mining | 80.42 | 0.61% | -13.43% | -12.65% | 3.56% | 27.89% | 24.83% |
| Real Estate | 71.06 | -7.67% | -5.29% | -11.61% | -12.61% | 2.43% | -19.00% |
| Technology | 52.49 | -3.08% | -3.42% | -10.22% | -2.01% | -6.23% | -12.86% |
| Telecom | 22.94 | -2.80% | -3.78% | -12.78% | -2.92% | -15.88% | -30.94% |
| Transports | 85.96 | -2.31% | -1.04% | -9.69% | 0.44% | 16.09% | -6.67% |
| Utilities | 40.67 | 1.19% | -0.59% | -0.47% | 3.73% | -4.55% | 5.89% |
Sector Return Bar Charts
| Today’s Change | One Month Return | Six Month Return |
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Current Outlook
| Index | Short Term | Long Term |
| Basic Materials | Bearish | Bearish |
| Consumer Discretionary | Bearish | Bearish |
| Consumer Staples | Bearish | Bearish |
| Energy | Bearish | Bullish |
| Financials | Bearish | Bearish |
| Health Care | Bullish | Bearish |
| Industrials | Bearish | Bearish |
| Metals Mining | Bearish | Bullish |
| Real Estate | Bearish | Bearish |
| Technology | Bearish | Bearish |
| Telecom | Bearish | Bearish |
| Transports | Bearish | Bullish |
| Utilities | Bullish | Bullish |
ETF Rankings and Signals July 06, 2008
Note: ETF rankings and signals are for educational purposes only and should not interpreted as an investment advice.
| Exchange Traded Fund Rankings |
Sector Summary July 3 2008
| Index | Close | Today’s Change | One Week Return | One Month Return | Three Months Return | Six Months Return | One Year Return |
| Basic Materials | 78.04 | 0.22% | -6.74% | -8.14% | -1.99% | 1.69% | 10.12% |
| Consumer Discretionary | 28.05 | 0.86% | -3.61% | -12.62% | -12.15% | -11.46% | -28.54% |
| Consumer Staples | 26.67 | -0.07% | -0.63% | -5.58% | -5.58% | -4.64% | -0.09% |
| Energy | 146.90 | -0.76% | -0.64% | 2.10% | 9.58% | 6.14% | 20.90% |
| Financials | 67.08 | -0.59% | -4.46% | -16.00% | -21.75% | -25.80% | -41.11% |
| Health Care | 61.80 | 0.03% | 1.58% | -3.79% | -3.34% | -11.70% | -11.24% |
| Industrials | 62.70 | 0.37% | -2.73% | -11.86% | -11.44% | -12.12% | -14.87% |
| Metals Mining | 82.00 | -0.27% | -10.15% | -5.08% | 5.82% | 19.48% | 27.88% |
| Real Estate | 73.27 | -0.60% | -3.16% | -12.65% | -13.41% | -1.16% | -19.15% |
| Technology | 53.37 | -0.02% | -3.00% | -9.87% | -1.93% | -12.33% | -11.56% |
| Telecom | 23.05 | -1.12% | -3.56% | -12.73% | -3.86% | -19.44% | -31.50% |
| Transports | 83.64 | 0.54% | -4.49% | -13.15% | -5.88% | 6.31% | -9.25% |
| Utilities | 97.80 | -1.07% | -0.32% | -1.90% | 3.87% | -2.66% | 2.38% |
Sector Return Bar Charts
| Today’s Change | One Month Return | Six Month Return |
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 |
 |
Sector Summary July 1st 2008
| Index | Close | Today’s Change | One Week Return | One Month Return | Three Months Return | Six Months Return | One Year Return |
| Basic Materials | 83.60 | -1.03% | -2.81% | -2.34% | 9.41% | 9.22% | 18.69% |
| Consumer Discretionary | 28.12 | -1.26% | -4.94% | -11.77% | -12.07% | -13.58% | -27.87% |
| Consumer Staples | 26.72 | -0.11% | -1.29% | -4.97% | -4.87% | -6.32% | -0.02% |
| Energy | 152.61 | 0.74% | 1.71% | 2.86% | 15.25% | 11.94% | 26.52% |
| Financials | 68.54 | 0.96% | -5.75% | -15.15% | -20.78% | -26.31% | -39.70% |
| Health Care | 62.02 | 0.67% | 0.93% | -2.97% | -2.28% | -11.60% | -10.65% |
| Industrials | 64.49 | 0.05% | -3.56% | -9.98% | -8.37% | -10.85% | -12.05% |
| Metals Mining | 92.90 | -1.78% | 1.19% | 3.67% | 28.05% | 34.66% | 46.01% |
| Real Estate | 75.03 | -0.15% | -2.86% | -9.41% | -10.73% | -3.26% | -15.93% |
| Technology | 54.35 | 0.30% | -3.25% | -7.90% | 0.32% | -12.81% | -8.85% |
| Telecom | 23.84 | -1.04% | -1.75% | -9.87% | 0.18% | -18.15% | -28.92% |
| Transports | 86.86 | -1.66% | -2.80% | -9.46% | -2.60% | 7.41% | -4.82% |
| Utilities | 99.67 | 0.57% | -0.13% | 0.26% | 5.90% | -1.37% | 4.14% |
