ETF Action: Research

5.15.2021

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

• Domestic equities regained a lot of losses from earlier in the week, SPY closes the week down 1.31%
• Amplify Transformational Data Sharing ETF (BLOK +6.52%) best performeron Friday
• MLP ETPs at or near overbought territory (AMNA 14-day RSI at 74)
• Drop in the Dollar (UUP -0.41%) on Friday puts it near January levels

5.14.2021

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

• Domestic equities bounce with small-caps leading on Thursday (IJR +2.51%)
• SPY rises 1.20% yesterday but still down 2.80% WTD
• Tech (XLK) is now 7.24% off of its 52-week high, the most of any sector
• Best performing commodity YTD? Not gasoline (UGA  37%), it's Tin (JJT +56%)

5.13.2021

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

• Sell-off worsens, small-cap growth (IJT) falls 3.34%
• Energy (XLE) lone sector to advance on Wednesday, rises 48 basis points
• Large amount of thematic ETFs have moved into oversold technical levels
• Dollar jumps (UUP +0.74%) along with yields on higher than expected CPI data

5.12.2021

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

• Nasdaq makes an intraday comeback while SPY finished 0.89% lower
• Metals & Mining (XME +2.27%) leads  U.S. industries while Homebuilders (XHB -3.46%) lag
• Disruptive tech segment (+0.64%) tops thematic categories but overall space has been hit hard as of late
• Surging commodity prices continue, DJP now up 23.8% YTD

5.11.2021

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

• Large-cap value (IVE -0.02%) best performer as domestic equities fall, SPY drops 0.99%
• Semiconductors (XSD) lag U.S. industries falling 5.57%
• Four ARK Invest ETFs already in or about to enter oversold technical levels (ARKG, ARKK, ARKW, ARKF)
• Dollar remains flat (UUP), only up 12 basis points YTD

5.8.2021

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

• Domestic equities jump despite poor jobs report, SPY closes the week up 0.42%
• Six sectors close at new 52-week highs, Tech lagging and 3.07% below its recent high
• Cannabis ETFs surge on Friday, Global X Cannabis ETF (POTX +5.71%) leads thematic segement
• All commodity sectors gain pushing broad commodity ETFs higher (DJP +1.01%)

5.7.2021

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

• Dow Jones (DIA) hits new high and now outperforming Nasdaq 100 (QQQ) by 3.86% this week
• Financial sector (XLF +1.49%) leads on Thursday and now up 28% YTD
• Thematic ETFs continue to lag, Global X CleanTech ETF (CTEC) enters oversold technical territory
• Dollar (UUP) drops 49 basis points, remains in sideways pattern

5.6.2021

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

• Value outperforms growth across all sizes, SPY finishes 3 basis points higher
• Energy (XLE +3.23%) sector leads and now sits just 2.15% below its 52-week high
• Broad commodities (DJP) rises 0.84% and is now up 21% YTD
• Long-term treasuries (TLT) rises 16 basis points but still down over 10% YTD

5.5.2021

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

• Dow tops major averages on Tuesday (DIA +0.11%) while SPY falls 0.62%
• Metals & mining (XME +2.99%) leads U.S. industries again
• Financials (XLF, IYF, RYF)and Insurance (KIE, IAK) ETFs approaching oversold technical levels 
• Clean energy ETFs nearing oversold technical levels (CTEC, FAN, TAN, PBD)
• Dollar (UUP) remains in a choppy sideways pattern since February

5.4.2021

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

• Small-cap value opens the week leading sizes and styles, IJS gains 1.73%
• Cyclicals maintain leadership; Industrials (XLI) and Materials (XLB) two sectors at new highs
• Thematic segments fall across the board as large-cap growth names decline
• Silver (SLV) jumps 3.96% pushing broad commodities higher (DJP +0.81%)