XLV-SPY: ETF Correlation Analysis

XLV-SPY: ETF Correlation Analysis

The earnings season is kicking-off soon. Does the stock market look attractive at the current levels? By analyzing the overall stock market performance in the past 12 months, we should firstly mention the massive correction that occurred last year, starting on the 20th of February 2020, led by a massive sell-off caused by the coronavirus…

ETF Correlation Analysis: XLE – XLI

ETF Correlation Analysis: XLE – XLI

Will the market manage to break out of the sideways price action channel that it has been trading within throughout the last few weeks? Our Global Macro Strategy The time has come again for us at Dow Experts to share with you our latest ETF correlation analysis and overall market observation, in order to help…

XLY-XLK: ETF Correlation Analysis

XLY-XLK: ETF Correlation Analysis

Impressive financial performance by the leading companies out there. What to expect from their share prices in the near future? The investor sentiment has kept on increasing and market participants have been more positive about the future direction on the stock market as the situation around the COVID-19 pandemic improves. Moreover, the vaccination process has…

SPY-XLB: ETF Correlation Analysis

SPY-XLB: ETF Correlation Analysis

The bullish rally is back. Does it offer attractive buying opportunities? Overall market situation After a massive rally on the stock market for 14 consecutive months between March 2020 and May 2021, the leading indices and stocks in the US faced some profit-taking interest that led to a short-term correction in the beginning of May.…

EEM & XLI: ETF Correlation Analysis

EEM & XLI: ETF Correlation Analysis

Will the positive momentum in Emerging markets and US Industrials continue after 87% of companies reported better than expected earnings in Q1? Our Macro view as to how we got here The time has come again for us at DowExperts to share with you our latest ETF correlation analysis and overall market observation, in order…

XLF-XLV: ETF Correlation Analysis

XLF-XLV: ETF Correlation Analysis

Strong Q1 financial results, leading to a further bullish rally on the market. What to expect from now on? The stock market has been in massive uptrend in the past 13 months since March 2020. It is important to mention that the massive bullish rally on all major US indices and stocks has happened exactly…