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Again, we want to see SPY outperform the long bonds as we want to see JNK outperform long bonds.įriday’s price action put the TLTs ahead of the SPY and also put the TLTs above the 50-DMA. Next, we see the chart of the relationship between the long bonds via TLT and SPY. For now though, the lovefest for both bond traders and “inside” sectors is questionable. If IYT holds and begins to show muscle over the S&P 500, then that relationship can change. Right now, junk is underperforming long bonds. TLTs are often used as a flight to safety while junk bonds are bought during good times. But what we like to see is junk bonds outperforming the long bonds. Next chart is the relationship between the high yield junk bonds and the long bonds. Again, independently, junk bonds JNK are holding technical support. Nonetheless, it is something to watch as what we know about the markets is that regardless of tech strength, a crash in the inside sectors of the economy weighs heavily on everything at some point. The price chart of IYT remains intact however, so this sends up a caution flag but not necessarily the end of days. Plus, with the infrastructure package as the growth economy’s holy grail, it is underperforming SPY. Transportation (except for the rails which are doing way better) reflects the supply chain issues, consumer demand, and the appetite for travel. The health of the economy and the ultimate health of the stock market are undeniably interlocked, even with the NASDAQ going up making new all-time highs. One chart shows the relationships between the transportation sector through iShares Transportation Average ETF (NYSE: IYT) versus the S&P 500 through SPDR® S&P 500 (NYSE: SPY). This is the most disconcerting of the four charts. I have posted four charts that depict the market breadth and risk on/off. I also threw in one chart to see how inflation is faring, or at least what the Federal Reserve might be looking at to support their “transitory” theme. Nonetheless, investors do have some reliable barometers to gauge what might be next. Rare and disconcerting to see the market so divided. #Add investing.com to stockspy updateUpdate Software.On the flip side, small caps, energy, industrial metals, and transportation stocks gave investors indigestion, inconveniently ahead of Thanksgiving. It is a very useful and friendly for tracking all stocks from Hong Kong Stock Exchange Markets. allows quick access to stick quotes, shows the many kind of stock charts and lets you view the latest market and company news. ![]() It brings your quotes in this stock quotes and portfolio application. Good luck for you in portfolios research and investment. All information provided must be understood as academic information purposes only and not investment advice. #Add investing.com to stockspy softwareHope the stock software we provided could be helpful for your investment.įinally, it is assumed the information of all stocks to be truthful and reliable, however, It cannot and do not be warranted or guaranteed the accuracy of all information. Moreover, you must also need a simple and useful stock tools to review your stocks anytime. Whether you keep investment in short, medium or long terms, sincerely recommend you must be familiar with stock-related technologies and information in stock markets. ![]() All dear friends, please be careful of any investments. #Add investing.com to stockspy fullThe stock market is full of opportunities and threats. + Related stock news stories are available from google RSS. + Ability to search and add the stocks in stock list. + Customizable list with ability to remove, add, re-order stock symbols. + White and black themes could be choosen optionally. + Finance websites are provided for user to browse the stock information. + Full stock details are displayed with charts including daily, weekly, monthly and yearly charts. + Show the detailed stock information: open price, last price, change, change percent, volume, day low, day high, week 52 high, week 52 low, time,etc. + A large and clear text for stock quotes. + Stock information: EPS, PE ration and shares + Tracking the profit for your portfolios. + Provide Stock Quotes, Stock Charts, and Stock News. + Major Stock Indexes in the World are provided. + Major Exchange Rate(Currency) is provided. ![]() Description It brings your quotes in this stock quotes and portfolio application. #Add investing.com to stockspy for freeAre you the developer of this app? Join us for free to see more information about your app and learn how we can help you promote and earn money with your app. ![]()
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