We're excited to share our latest video podcast, where we delve into the recent market movements and what they mean for investors. Here's a sneak peek at what you'll learn:
Russell 2000 Index (IWM): The iShares Russell 2000 ETF (IWM) recently broke out of a long-term trading range, indicating potential bullish momentum. However, the appearance of a shooting star pattern on the weekly candle and neutral Chaikin Money Flow (CMF) readings suggest that this breakout might be at risk. We analyze whether this pullback is a standard retest or a sign of a failed breakout.
Tech Bellwethers (QQQ and EWT): Despite long-term bullish trends, both QQQ and EWT ETFs are showing concerning short-term declines in CMF and relative strength. This duality in performance indicates the need for cautious optimism and careful monitoring of these key sectors.
Sector Focus: Financials and Real Estate: We also explore the recent strength in financials and real estate sectors. XLRE benefits from lower interest rates, driving demand in multifamily housing and retail properties. XLF shows resilience with strong relative strength and positive money flow, particularly in regional banks (KRE), broader banking institutions (KBE), and capital markets firms (KCE).
Join us as we break down these trends, provide actionable insights, and discuss what investors should watch for in the coming weeks. Don’t miss out on our expert analysis and detailed market commentary.
Read the accompanying post, complete with data-tables:
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