Updated 06/17/16
NO Bias
Bulls and Bears alike need to take caution, say the volume and price trend indicators.
| Accumulation/ Distribution* | |
| S&P 500 | 6/5 |
| NASDAQ | 4/5 |
| DOW 30 | 3/6 |
No clear dominance in volume to suggest institutions are buying or selling in mass.
Sector Bias
| Ticker | ETF | Bias |
|---|---|---|
| FDN | First Trust Dow Jones Internet Index Fund |  + |
| IGE | iShares North American Natural Resources ETF | + |
| IGN | iShares North American Tech-Multimedia Networking ETF | + |
| IGV | iShares North American Tech-Software ETF | + |
| IHI | iShares U.S. Medical Devices ETF | + |
| IYZ | iShares U.S. Telecommunications ETF | + |
| OIH | VanEck Vectors Oil Services ETF | + |
| PPA | PowerShares Aerospace & Defense Portfolio | + |
| QTEC | First Trust NASDAQ-100-Technology Sector Index Fund | + |
| SMH | VanEck Vectors Semiconductor ETF | + |
| XLB | The Materials Select Sector SPDR Fund | + |
| XLE | The Energy Select Sector SPDR Fund | + |
| XLI | The Industrial Select Sector SPDR Fund | + |
| XLK | The Technology Select Sector SPDR Fund | + |
| XLP | The Consumer Staples Select Sector SPDR Fund | + |
| XLU | The Utilities Select Sector SPDR Fund | + |
| XLV | Health Care Select Sector SPDR ETF | + |
| XME | SPDR S&P Metals & Mining ETF | + |
| KIE | SPDR S&P Insurance ETF | |
| XLY | The Consumer Discretionary Select Sector SPDR Fund | |
| IBB | iShares Nasdaq Biotechnology ETF |  |
| IYT | iShares Transportation Average ETF | |
| KBE | SPDR S&P Bank ETF | |
| KCE | SPDR S&P Capital Markets ETF | |
| KRE | SPDR S&P Regional Banking ETF | |
| PPH | VanEck Vectors Pharmaceutical ETF | |
| XHB | SPDR S&P Homebuilders ETF | |
| XLF | The Financial Select Sector SPDR Fund | |
| XRT | SPDR S&P Retail ETF | |
Not quite a bull market anymore as bank stocks trend below their major MA’s, as well as lackluster action from retail, a traditionally decent measure of economic health.
Price Performance, Ranked By YTD
| Rank | Ticker | Perf Week | Perf Month | Perf Quart | Perf Half | Perf Year | Perf YTD |
|---|---|---|---|---|---|---|---|
| 1 | XME | -1.80% | 7.38% | 13.07% | 61.23% | -9.10% | 56.79% |
| 2 | XLU | 0.16% | 4.46% | 3.76% | 22.11% | 22.36% | 18.21% |
| 3 | IGE | -4.05% | 0.06% | 5.96% | 12.70% | -11.82% | 15.19% |
| 4 | IYZ | 1.11% | 5.01% | 6.53% | 13.86% | 8.09% | 11.34% |
| 5 | XLE | -3.21% | 0.38% | 5.28% | 8.70% | -11.00% | 11.28% |
| 6 | XLB | -1.81% | 1.57% | 4.41% | 9.52% | -4.22% | 9.15% |
| 7 | OIH | -6.31% | 2.59% | 3.11% | 2.14% | -19.97% | 7.86% |
| 8 | IHI | -2.46% | 2.29% | 11.66% | 8.85% | 11.17% | 7.76% |
| 9 | XLP | -0.15% | 2.82% | 2.45% | 8.74% | 14.21% | 7.52% |
| 10 | XLI | -2.01% | 0.96% | 1.51% | 7.21% | 2.69% | 6.16% |
| 11 | SMH | -2.32% | 8.49% | 4.00% | 5.08% | 0.86% | 5.78% |
| 12 | PPA | -1.95% | 1.58% | 6.43% | 6.38% | 3.68% | 4.69% |
| 13 | IGV | -1.26% | 4.14% | 7.45% | 2.53% | 4.13% | 2.51% |
| 14 | XLK | -1.69% | 2.78% | 0.07% | 1.55% | 3.93% | 2.20% |
| 15 | KIE | -3.17% | -0.35% | 1.42% | 1.51% | 2.14% | 1.38% |
| 16 | QTEC | -1.82% | 5.88% | 1.72% | 0.39% | -2.55% | 1.31% |
| 17 | IYT | -4.27% | -0.50% | -4.82% | 0.49% | -8.13% | 1.05% |
| 18 | XLY | -1.25% | 0.80% | 0.44% | 0.11% | 3.23% | 0.63% |
| 19 | XLV | -1.77% | 2.49% | 7.59% | -0.06% | -3.77% | -0.96% |
| 20 | IGN | -1.85% | 5.49% | 0.69% | -0.77% | -9.08% | -2.29% |
| 21 | FDN | -0.95% | 4.57% | 7.96% | -2.74% | 7.26% | -2.55% |
| 22 | XHB | -3.66% | 0.70% | 0.36% | -3.49% | -8.64% | -2.98% |
| 23 | XLF | -2.99% | -0.52% | 1.08% | -4.29% | -7.22% | -4.01% |
| 24 | XRT | -2.27% | 1.57% | -9.64% | -4.92% | -16.44% | -4.35% |
| 25 | KRE | -5.64% | 0.23% | 1.84% | -8.44% | -11.06% | -7.49% |
| 26 | KBE | -5.83% | -0.80% | 0.84% | -9.82% | -14.00% | -8.37% |
| 27 | PPH | -3.23% | 0.30% | 2.72% | -10.53% | -18.49% | -11.28% |
| 28 | KCE | -4.78% | -0.68% | -2.86% | -11.62% | -25.81% | -12.75% |
| 29 | IBB | -4.23% | 1.09% | 6.10% | -20.55% | -28.46% | -22.52% |
Late bull market cycle in the works with Metals and Utilities well bids this year.