EUR/USD 1.16325
-0.004%
Gold 4402.75
0.027%
Oil 93.874
-0.359%
USD/JPY 153.626
0.051%
GBP/USD 1.35480
0.015%
GBP/JPY 208.138
0.084%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 10th, according to two sources familiar with the matter, the U.S. Department of Justice is investigating whether Nvidia (NVDA.O) attempted to circumvent antitrust scrutiny in connection with a deal signed last year with artificial intelligence chip maker Groq. Groq described the deal at the time as a "non-exclusive licensing agreement" allowing Nvidia to use Groq chips specifically designed by Groq for running AI tasks. As part of the arrangement, Groq CEO Jonathan Ross and COO Sonny Madeira joined Nvidia. AI companies have entered into numerous similar deals, including licensing technology and hiring key personnel from other companies, but without making direct acquisitions. These arrangements often circumvent the automatic government review of traditional mergers and acquisitions, which aims to determine whether a transaction would harm market competition.According to the New York Times, regulators are investigating a licensing agreement between Nvidia and Groq.September 10th - The seventh batch of national centralized procurement of medical consumables will open for bidding today (September 10th) in Tianjin. This round of procurement focuses on digestive interventional medical consumables, including 23 varieties, covering consumables related to gastrointestinal polyp removal and biliary and pancreatic interventional therapy, with a procurement cycle of approximately 3 years. This round of procurement adheres to the principles of "stabilizing clinical needs, ensuring quality, preventing internal competition, and preventing bid rigging," optimizing procurement rules, and balancing the protection of diverse clinical needs with high-quality development of the industry.September 10th - According to Axios, the Trump administration plans to issue $500 refund checks to up to one million people who claim they were overcharged under the Obamacare scheme. These direct deposits will be distributed to residents of 30 states ahead of the November 3rd midterm elections; this comes as Trump heavily promotes the cost savings of his tax cuts and prescription drug program.On September 10th, the World Trade Organization (WTO) released its Goods Trade Barometer on September 9th, showing an index of 102.0, higher than the baseline of 100 and the previous index of 101.7 in June, indicating that goods trade is above trend and continuing to grow. The WTO stated that despite ongoing geopolitical and policy-related uncertainties, global goods trade growth remains resilient. The negative impact of the Middle East conflict continues to be partially offset by strong demand for goods such as artificial intelligence-related electronic components. According to the WTOs rules for compiling the Global Goods Trade Barometer, a value of 100 is the baseline; an index greater than 100 indicates that global goods trade growth is higher than expected, while a value lower than 100 indicates that growth is lower than expected.

Utilities Rising & Transporters Sinking – Sector Rotation Is Providing Clues

Cory Russell

Apr 12, 2022 11:09


微信截图_20220412102846.png

DAILY COMPARISON CHART FOR SPY - SPDR S&P 500 ETF TRUST

Please notice the exact positioning of the Transportation, Precious Metals, Energy, and Utilities sectors as we examine our cycle graphic.


We'd like to pay specific attention to the Transportation industry, which is depreciating while the Utility sector is appreciating.


These industries may tell us a lot about where we are in the current economic cycle.


YTD, THE UTILITIES SECTOR IS UP +7.50%.


The Dow Jones Utility Average exceeded 1,000 for the first time in its almost 100-year existence in March 2022, indicating that the utility sector is outperforming the market this year.


Many investors feel the XLU is the most effective risk-reducing equities ETF on the market, and they may be turning to the utilities sector as a safe-haven investment.


Gold, the US dollar, and the Swiss franc are three other safe-haven assets we're keeping an eye on.

SPDR SELECT SECTOR ETF (XLU) DAILY CHART OF UTILITIES

YTD, THE TRANSPORTATION SECTOR IS DOWN -15.92%.

From its high in November 2021, the transportation industry has decreased by around -21.59 percent.


From peak to trough, market cycles are counted. When a stock index's closing price declines by at least 20% from its high, traders consider it to be in a bear market. The reduction in the XLU from 100.00 to 80.00 equals 33.33 percent of the whole bull market advance in 2020-21.


The US Department of Labor said on April 1st that the number of truck transportation employment decreased in March after 21 months of growth. Then, on April 8th, Bank of America (NYSE: BAC) downgraded a number of transportation equities, citing "waving demand and price drops" as the reason. "Given weakening demand outlooks and quickly decreasing freight rates, we cut ratings on 9 of the 28 equities in our covered universe," Bank of America analyst Ken Hoexter told clients.


Because economic demand shows up first in shipping orders, the transportation index was devised in July 1884 by Charles Dow and has long been regarded as a leading indication of the overall market's direction. Historically, a drop in freight has signaled the start of a widespread economic downturn.

DAILY CHART KNOWLEDGE, WISDOM, AND APPLICATION ARE REQUIRED FOR XTN - SPDR S&P TRANSPORTATION ETF.

It's vital to note that we're not claiming that the market has reached its peak and is now heading down. This post will throw light on several fascinating studies that you should be aware of. We track price simply as technical traders, and once a new trend has been proven, we will adjust our positions appropriately. We share our ETF trades to our subscribers, and of the six trades we placed this month, five have closed at a profit, one is still open, and we've locked in half gains on that one as well! Our algorithms are constantly monitoring price movements in a wide range of markets, asset classes, and worldwide money flows. As fresh information regarding trends or changes in trends is generated by our models, we will quickly disseminate these signals to our subscribers and those on our trading weekly email list.


When it comes to trading, it's not just about knowing when to purchase or sell stocks or commodities. When it comes to being a consistently effective trader, money and risk management are crucial. Stop-loss orders, when used correctly, enable to protect your investment money and allow traders to manage their portfolios according to their specified risk boundaries. Scaling out of positions by taking gains and adjusting stop-loss orders to breakeven may also help a trader succeed.

WHAT STRATEGIES CAN ASSIST YOU IN MANAGING CURRENT MARKET TRENDS?

Learn how we employ unique methods to find strategic entry and exit locations for trades by understanding market cycles, set-ups, and price target levels in different sectors. We foresee extremely big price fluctuations in the US stock market and other asset classes throughout the world during the next 12 to 24 months. We think the markets have entered a revaluation period as global traders strive to discover the next significant trends, moving away from the sustained central bank support rally. As traders and investors seek safe havens in Metals and other safe havens, precious metals will likely begin to operate as a good hedge.

Suggestion