NYSEARCA:DXD

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$18.41
+0.410 (+2.28%)
At Close: Jun 03, 2026
Last week the Dow Jones Industrial Average was down 1.7% adding to a loss of 1.8% the previous week and the S&P 500 lost 2.5% on top of the 2.3% loss the previous week.
Retail investors are leading a speculative mania over options, a trend that predates COVID but which is being exacerbated by it.
If there's a recovery soon, and markets peak thereafter, the next trough may be seen by late October-early November.
August saw a net inflow of $176B into the private domestic sector. This will lift markets.

U.S. Stocks: VIX Decline Warns Of Relief Rally

09:30am, Monday, 14'th Sep 2020
The uptrends in the SPX and NDX have given way and the price action in both charts suggests a potential market top.
The consumer price index for August was reported up +0.4%, the third straight increase. On a YoY basis inflation is still pretty subdued at 1.3%.

Choices

07:29am, Monday, 14'th Sep 2020
This was another bumpy week as investors tried to ride out the aftermath of the gamma call options buying wave.
Many currently believe “bear markets” and “crashes” are a relic of the past. Maybe that is indeed the case.
The two market metrics which I watch closely (outside of S&P 500 earnings) are market breadth and market sentiment.

Tactical Asset Allocation - September 2020

06:29am, Monday, 14'th Sep 2020
Our leading economic indicators suggest growth is gaining momentum. Global market sentiment continues to improve, as evidenced by broad-based outperformance of risky assets over defensive assets in bo

The Market: Being Stalked By The Bear

04:47am, Monday, 14'th Sep 2020
Last week’s market a stunning reversal… maybe. Tech: A pandemic winner.
A correction is underway, but what are the next steps? Will it be a case of buy the dip and back to business? Or will it be more complicated? On first glance of the charts this week, we are reminded o
Revolving consumer credit is a window into whatever is beyond sentimental perceptions. What consumers are actively doing with regard to their own personal perceptions and their own personal risks.
Broad market absorbing selling pressure. Sentiment seeing uneven pullback from excessive optimism.

Industrial Production Gathers Steam

02:58pm, Sunday, 13'th Sep 2020
Industrial production rose 3% in July. This followed a rise in May and June.
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