Quality Is Now A Momentum Trade

Why The Rally Should Continue

Despite near-term challenges and increased volatility, the S&P 500 rally is expected to continue. The labor market cooling, lower oil prices, and other indicators suggest inflation could be moderating. The odds of a Fed rate cut may have become skewed and inflation data could come in lower than expected.

Weekly Report: what happened at RSPT last week (0429-0503)?

Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RSPT)?

XNTK: Recent Outperformance, But Will Likely Lag Peers Long Term For 3 Reasons

SPDR NYSE Technology ETF warrants a hold rating due to long-term factors impacting its expected returns. XNTK is an equal-weighted tech fund that has outperformed over the past year but will likely lag behind peers. The fund may lag behind larger, mega-cap companies. The information technology sector has performed well in the past decade.

Is There A Tech Bubble? Our Current Tech Positioning

Weekly Report: what happened at RSPT last week (0422-0426)?

SPY: The Setup Looks Extremely Bearish

SPY has been on a strong run recently, but the outlook is very bearish right now. The S&P 500 is overvalued based on several valuation models. A weakening macroeconomic outlook also poses a severe headwind for SPY. SPY is facing a challenging economic environment and outlook.

Weekly Report: what happened at RSPT last week (0415-0419)?

QTEC: Technology Sector Dashboard For April

monthly article series provides industry metrics in information technology. First Trust NASDAQ-100-Technology Sector Index Fund ETF (QTEC) is overvalued by 32% regarding my metrics. QTEC: Technology Sector Dashboard for April 2024 shows aggregate industry metrics for the tech sector. The metrics are designed for stock-picking rather than index investing.

Iran Attacks Israel - How Could Markets Be Impacted?

Weekly Report: what happened at RSPT last week (0408-0412)?

Q1 2024 Earnings Preview: Will Reports Be Good Enough To Turn Markets Positive

Q1 earnings season kicks off with Q1 2024 S&P 500 EPS growth expected to come in at 3.2%. The second quarter got off to a rocky start as major indices closed lower last week. Buybacks and dividend increases were on the rise in Q1. The Consumer Price Index for March was higher than expected.

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

Weekly Report: what happened at RSPT last week (0401-0405)?

Spring 2024 Snapshot Of The S&P 500's Market Cap

Microsoft has become the biggest company in the S&P 500 with a market cap of nearly $3.3 trillion as of 28 March 2024. The first quarter of 2024 has come and gone. The index clocked a new record high of 5,254.35. The Top 10 stocks in the index together accounted for 32.5% of its total valuation.

Is Invesco S&P 500 Equal Weight Technology ETF (RSPT) a Strong ETF Right Now?

Weekly Report: what happened at RSPT last week (0325-0329)?

Equities Ride The Magnificent Seven Wave - Time To Diversify?

The Magnificent Seven make up almost 30% of the S&P 500 market capitalization. Much of the rally in equities can be attributed to the performance of a handful of mega-cap stocks. Equal Weight Index futures enable investors to trade the market breadth, allowing for more diversification and less concentration. Seven Mega Cap Stocks Have Largely Been Driving the U.S. Stock Market.

Weekly Report: what happened at RSPT last week (0318-0322)?