Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

A Theme Emerges within a Bear Market

by August 5, 2022
August 5, 2022
A Theme Emerges within a Bear Market

The Composite Breadth Model at TrendInvestorPro has been bearish since April 11th and remains bearish, which suggests that the current bounce in SPY is a counter-trend advance within a bigger downtrend. Also note that the 5-day SMA for SPY is below the falling 200-day SMA and the Trend Composite is negative (long-term downtrend).

Despite a bear market environment, one group is attracting buying interest and this is reflected in our ETF Trend Signal and Ranking Table. The image below is a cut out of this table, which tracks Trend Composite signals and momentum for 274 ETFs. The Clean Energy industry is one, if not the, strongest group right now because four of the seven are in uptrends (TAN, ICLN, ACES, QCLN).

Note that there were 10 new uptrend signals this past week, which are shown in the “Recent Signal” column on the table below. Despite these new signals, only 16 of the 274 ETFs (5.8%) in our trend tracker are in uptrends. Outside of Clean Energy, the new uptrends signals were in ETFs related to Energy, Utilities, Staples and Healthcare (yellow arrows). This tells me that the broader market still favors defense (risk off) over offense (risk on).

The Trend Composite and StochClose form the backbone of the ETF Trend-Momentum Strategy at Trend InvestorPro. In addition to regular analysis and comprehensive videos, this strategy is detailed in a ten part series available to subscribers. Click here for immediate access.

The Trend Composite, StochClose, ATR Trailing Stop and eight other indicators are part of the TIP Indicator Edge Plugin for StockCharts ACP. Click here to take your analysis process to the next level.

—————————————

0
FacebookTwitterGoogle +Pinterest
previous post
These Charts Say It’s Not Over
next post
Workers at UK’s biggest container port in Felixstowe to walk off the job for eight days

You may also like

The Hoax of Modern Finance – Part 1:...

December 13, 2023

Rules-Based Money Management – Part 1: Popular Indicators...

April 18, 2024

Signal Scoreboard As Good As It Gets

October 17, 2024

NVDA, TSMC, and Broadcom: Top Semiconductor Plays as...

January 23, 2025

Only 3 Of The 7 Mag Stocks Are...

October 20, 2024

Riding the Wave: What the Stock Market Rebound...

March 18, 2025

At the Edge of Chaos: Don’t Fight the...

August 28, 2022

Boeing Stock Takes Off: How to Profit From...

November 13, 2023

Sector Spotlight: Risk to S&P as Technology Under...

August 8, 2023

Natural Gas and Oil — Always on the...

May 18, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Universities in Libertarian Land

      June 6, 2025
    • Elon Musk may speak to Trump aides in push to calm feud

      June 6, 2025
    • Everyone Talks About Leaving a Better Planet for Our Children: Why Don’t We Leave Better Children for Our Planet?

      June 6, 2025
    • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

      June 6, 2025
    • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations

      June 6, 2025
    • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,012)
    • Politics (15,544)
    • Stocks (3,130)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved