ETF Action: Research

3.2.2021

Breakdown of the previous day's market action through the lens of ETFs

• Small-caps lead (IJR +3.09%) as domestic equities bounce to open the week, SPY rises 2.42%
• Energy sector (XLE) within 1.77% of 52-week high; Utilities lone sector that is still over 10% away
• Australia (EWA +3.51%) tops develeoped ex-U.S. countries yesterday but only up ~6% YTD
• Dollar (UUP) gains 0.08% and still remains in narrow range since beginning of the year

2.28.2021

Breakdown of the previous day's market action through the lens of ETFs

• SPY falls 52 basis points on Friday to close the week down 2.48%
• Energy (XES +6.08%) and transportation (XTN +3.83%) industries lead for the week; Software (XSW -8.39%) and biotech lag (XBI -6.96%)
• No thematic ETFs remain with overbought technical levels; First Trust Global Wind Energy ETF (FAN) oversold
• Bond ETFs rise on Friday (AGG +0.81%) as U.S. 10-year treasury yield falls from 1.50% to 1.40%

2.26.2021

Breakdown of the previous day's market action through the lens of ETFs

• Small-caps lead Thursday sell off (IJR -3.09%), SPY falls 2.41%
• Semiconductors (XSD) fall over 6% while all U.S. industries decline
• All thematic group technical levels retreat and many now approaching oversold conditions
• Gold (GLD) falls 1.88%; net outflows nearing $2 billion over past week

2.25.2021

Breakdown of the previous day's market action through the lens of ETFs

• The Dow closes at another record high while SPY gains 1.10%
• Financials (XLF), Energy (XLE), and Industrials (XLI) all showing overbought technical levels while Utilities (XLU) nearing oversold
• Taiwan (EWT) best performing country YTD, up 13.62%
• Best performing commodity over last month: Tin (JJT) which is up 26.62%

2.24.2021

Breakdown of the previous day's market action through the lens of ETFs

• Nasdaq now down 2.88% week to date while SPY closes up 12 basis points
• Oil & Gas Exploration & Production (XOP) rises 2.15% leading U.S. industries
• Themes sell off but ETFMG Travel Tech ETF remains in overbought technical territory
• Dollar (UUP) rises 0.08% but still sitting just below its 50 day moving average

2.23.2021

Breakdown of the previous day's market action through the lens of ETFs

• Nasdaq sells off (QQQ -2.59%) while SPY falls 0.77% to begin the week
• Metals & Mining (XME +4.81%) lead U.S. industries higher; Semis (XSD -3.88%) lag
• Brazil (EWZ -6.19%) drags Latin America lower, ILF falls over 5%
• Commodities (DJP) jump 2.19% and are now up over 11% YTD

2.21.2021

Breakdown of the previous day's market action through the lens of ETFs

• Dow Jones Industrial Average (DIA) makes small weekly gain while SPY closes down 0.66%
• Industrials (XLI) and Financials (XLF) hit new highs
• Fintech leads thematic categories on Friday while entering overbought technical levles
• Dollar (UUP) falls 25 basis points and now sitting just below its 50 day moving average

2.19.2021

Breakdown of the previous day's market action through the lens of ETFs

• Major averages move lower heading into Friday; SPY drops 0.43%
• Utlitilies sector leads (XLU +0.60%) as majority of sectors retreat; Comm Services (XLC) still overbought
• Colombia (GXG -7.12%) lags all countries year to date while China leads (MCHI +17.20%)
• Platinum (PPLT) continues to move higher; now up 18.90% YTD

2.18.2021

Breakdown of the previous day's market action through the lens of ETFs

• Dow Jones Industrial Average hits new high (DIA) while SPY closes marginally higher (+0.02%)
• Following recent rise in the energy, Utilities sector (XLU) now furthest away from 52-week high (9.82%below)
• Blockchain ETFs (BLCN, BLOK) well into overbought technical levels after recent jump
• Dollar (UUP) gains 41 basis points and holds above its 50 day moving average

2.17.2021

Breakdown of the previous day's market action through the lens of ETFs

• Value outperforms growth across all sizes to start the week; Mid-cap value (IJJ +0.33%) leads
• Winter storm pushes energy prices higher, oil & gas industries jump over 3% (XES, XOP)
• Cannabis ETFs jump again to start the week; ETFMG Alternative Harvest ETF (MJ +9.66%) leads thematic ETFs
• U.S. Aggregate (AGG) falls 47 basis points as 10-year treasury yield jumps to highest level since last February (1.29%)