WEEKEND UPDATE NOV 12 2023 - OP EX WK / HOLIDAY WATCH VOLATILITY

13 พ.ย. 2023

Macro

2/10 YR CURVE - Inverted = -.41 (Down from -.26 last week)
HIGH YIELD SPREADS = 4.04 (Down from 4.15 last week)
US ISM PMI - Contracting Faster = 46.70% down from 49.00%
US ISM SERVICES - Growing Slower = 51.80% down from 53.60%


S&P 500 ( SPY ) - Investable
Nasdaq100 ( QQQ ) - Investable
Russell2000 ( IWM ) - Counter Trend Rally
Gold ( GLD ) - Not Investable
US 30yr Treasury Bonds ( TLT ) - Counter Trend Rally
US Dollar ( UUP ) - Investable (Pullback)
US Real Estate ( IYR ) - Counter Trend Rally
European Equities ( VGK ) - Counter Trend Rally
India ( INDA ) - Investable
Broad Asia Equities ( VPL ) - Counter Trend Rally
China A-Shares ( ASHR ) - Counter Trend Rally
Emerging Markets ( EEM ) - Counter Trend Rally
Wheat Futures (ZW) - Not Investable
Corn Futures ( ZC ) - Not Investable
Soybean Futures (ZS) - Counter Trend Rally
Silver ( SLV ) - Counter Trend Rally
Natural Gas Futures ( NG ) - Not Investable

Volatility Levels

S&P 500 - 14.17 - Investable Market (Down from 14.91)
Nasdaq100 - 17.95 - Investable Market (Down from 18.62)
Russell2000 - 19.91 - Counter Trend Rally Market (Down from 21.44)

S&P 500 Volatility Structure - Normal Contango Structure

VIX 9-Day - 12.78 (Down from 13.71)
VIX Short Term - 13.98 (Down from 14.76)
VIX - 14.17 (Down from 14.91)
VIX Far Term - 14.53 (Down from 15.23)

Now, here is the list of individual ETFs and individual names are showing strength.

Strongest of our ETF universe

BITO
URA
SVIX
XLK
BTAL
DWSH
SMH
CANE
IGV
ARKW
DBA
SOYB
QQQ
IWF
MTUM

Strongest of our ETF Leveraged/Inverse Funds

LABD
TZA
HIBS
RXD
ERY
KOLD
DUST
YANG
TQQQ
QLD
RWM
DRIP

Strongest of our US Equities (Russell 3000)

ANF
MSTR
LRN
LPG
BHVN
VRT
NRG
DELL
TW
DECK
WING
GIII
GDDY
PSN
CRWD
VRNS
PGR
PINS
ADBE
NTNX
IT
XPO
ALL
CAH
CBOE
X
ANET
SNPS
NOW
MSFT
BRBR
VST
UBER
IDYA
RYTM
GRMN
ZS
WRK
SPOT
NEWR
AJG
HRB
CDNS
TT
AVGO
RSG
FORM
WM
LDOS
MU
INTC
STNG
MSI
NFLX
ROAD
NVDA
MANH
OLLI
KLAC
WRB
LIN
CPRT
CB
AKAM
SMPL
GD
ACIW
RHP
AFL
KTB
MOH
MCK
ROST
LULU
AIG
USFD
FNF
YELP
CTRE
RAMP
UNH
PKG
EXPE
HLT
ROP
VRTX
IBM
DLR
PPC
AMZN
WMT
MMC
VZ
PLNT
L
GWRE
EPR
PFGC
GES
LAMR
AEL
ORLY
DDOG
HWM
CDW
AMAT
PCAR
PTC
ITT
WH
WELL