SPXS / S&P 500 Bears Are Ahead Year-to-Date, but Bulls Are Winning the Past Year

Precious metals and semiconductors leveraged ETFs show the largest drifts now. SPXS has a positive drift on one and 12 trailing months. SPXS's drift h more_horizontal

August has historically been a slow month for equities. While some of the air from this year's rally has been slowly escaping, inverse exchange-traded more_horizontal

Stubborn inflation continues to rack the capital markets and the soft landing that the U.S. Federal Reserve was hoping for in 2023 could prove to be m more_horizontal

I believe the S&P 500 Index is due for a correction for both fundamental and technical reasons. Equity valuations are silly, judging by the Wilshire 5 more_horizontal

The SPDR S&P 500 SPY closed 1.3% higher on Friday, where the ETF wicked off resistance at $420.76, forming a possible triple top pattern when paired w more_horizontal

Sometimes a metric can portend to a contrarian view as opposed to confirming a trend. That's the case with the IG Client Sentiment (IGCS), which could more_horizontal

We believe a U.S. recession is highly likely this year, based on various proven leading economic indicators. The S&P 500 typically falls significantly more_horizontal

We present the reason why leveraged ETFs drift. The worst decays are in biotechnology and semiconductors ETFs. more_horizontal