NYSEARCA:IYT

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$83.56
-0.420 (-0.500%)
At Close: Jun 03, 2026
With volatility now above its 50-Daily Moving Average and confirmed in a recuperation phase, whether today’s bounce sustains, remains to be seen.

The Market’s Phantasmic Irrationality

03:26pm, Sunday, 02'nd Feb 2020
In market terms, one could argue that the last four years, except for the brief trip to stark reality at the end of 2018, have been a thing of beauty and a total artifice.

Market Buyers Slow Down & Ponder Are Bears Wild?

10:45pm, Thursday, 30'th Jan 2020
With tomorrow the end of the month, we should know more about the next major direction of the market. Looking at the Daily chart of the Russell 2000 IWM, speaking of bears, the bear flag did indeed br
IWM cleared back over the 50-daily moving average or 163.81.
Given the ongoing spread of the Coronavirus, nobody should be surprised to see the selling that came into the market today.

Does The Russell 2000 Have Good Bones?

04:26pm, Sunday, 26'th Jan 2020
After headline after headline on the expanding impact that the coronavirus is having throughout the world, that impact extended to the global markets but there were signs of stress in the market alrea
The deadly coronavirus originated from China has caused a domestic panic and started spreading worldwide. Looking back, the SARS and Ebola outbreaks led to seve

Did My Fortune Cookie Tell Me To Buy Toyota?

10:52pm, Thursday, 23'rd Jan 2020
Toyota reports earnings on February 6, 2020. That should be interesting. In the meantime, the top of the seasonal range is at 142.43. That has cleared.
The coronavirus outbreak could take its toll on the travel industry after companies like General Motors, Ford and other U.S. companies have been implementing employee travel restrictions to Wuhan, Chi

How’s The Market’s Appetite For Risk?

10:58pm, Tuesday, 21'st Jan 2020
With Nasdaq 100 making yet another new all-time high early on while closing lower, has this rally now turned into the world of expensive junk?
Natural disasters could impact the prices of raw materials, still trading at historical lows compared to equities. What else might we prepare for as the year continues? There could be a continuation o
The transportation can be a key bellwether when it comes to assessing the health of the economy—if products are moving, the economy is grooving. The same goes for China, which saw its transportation

Why Regional Banks KRE Is The Prodigal Son

10:35pm, Wednesday, 15'th Jan 2020
Today, for the first time since October 2019, KRE broke below the 50-daily moving average.
Attorneys general from 16 states have come out against a Trump administration proposal to ship liquefied natural gas (NYSEARCA:UNG) by rail, arguing that potential leaks from the shipments pose risks

Will Decaying Market Bears Reignite?

08:51pm, Sunday, 12'th Jan 2020
With all indices closing red on Friday, will the decaying macysbears reignite?
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