Author Archives: Trendanomics

Travel and Leisure stocks Index underperforming

Travel and Leisure stocks Index underperforming The Dow Jones Travel and Leisure stocks Index (DJUSTT) is drastically underperforming The S&P 500 Index. On relative strength moving averages, the 50 day is 10% below the 200 day. See stock chart below. Here is a quote from a Yahoo writer in an article today focused on HyattContinue reading “Travel and Leisure stocks Index underperforming”

Bill Ackman spac Pershing Square ETF is underperforming

Bill Ackman spac Pershing Square ETF is underperforming The Pershing Square ETF (PSTH) is drastically underperforming The S&P 500 Index (SPX), on both the 50 and 200 day relative strength moving averages. But, the big website, that starts with a Y, is quick to point out that Mr. Ackman is a billionaire.

Tesla, Inc. and The ARKK Innovation ETF are both underperforming the market

Tesla, Inc. and The ARKK Innovation ETF are both underperforming the market Michael Burry and Cathie Wood are having a twitter fight. Ignore the media. Both Tesla (TSLA) and The ARKK ETF (ARKK) are underperforming The S&P 500 Index (SPX) on the 50 and 200 day moving average.

Franco-Nevada Corporation

Franco-Nevada Corporation trend analysis Franco-Nevada Corporation $FNV (FNV) last week began to outperform the S&P 500 Index (SPX), on a relative strength basis. The stock is trading in excess of the S&P 500 on both the 50 day and 200 day moving average. The stock chart below shows the relationship to the S&P on theContinue reading “Franco-Nevada Corporation”

S&P 500 Index trend analysis

S&P 500 Index trend analysis The S&P 500 Index (SPX) $SPX relative strength tends to hug and bounce off of a 30% annualized rate growth over a 200 day average. When it dips below, it is vulnerable to a correction and/or consolidation. As of Fridays’ close the index is 1.1% above this trend. See chartContinue reading “S&P 500 Index trend analysis”

S&P 500 Index ETF end of week update

S&P 500 Index ETF end of week update The S&P 500 Index ETF (SPY) $SPY closed the week tracking along the 50 day moving average in excess of 30% annualized, and along the the 200 day moving average in excess of 30% annualized. So we’ll establish the 30% annualized as a benchmark, and compare Europe,Continue reading “S&P 500 Index ETF end of week update”