Daily Top Ten – January 31, 2017

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1.Longest Streak in 11 Years without a 1% Pullback

Days without a 1% pullback

There have been 75 sessions (including Monday) without a 1% drop in the S&P, which marks the longest such streak in about 11 years, according to Krinsky. A period of sideways trading tends to suggest that the market has pent up momentum. And if history is any gauge, momentum may be leaning toward a downturn, given the market’s tendencies in February.

http://www.marketwatch.com/story/a-big-stock-market-selloff-in-february-looks-increasingly-likely-2017-01-30

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Daily Top Ten – January 24, 2017

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1.Semiconductor ETF +62% Off 2016 Lows.

Cyclical symbol of rising economy.

Semiconductor ETFs To Consider

The iShares PHLX Semiconductor ETF (SOXX) has $660 million in assets. Exposure is primarily in semiconductor stocks (87% of assets), while semiconductor equipment stocks (13%) like Applied Materials (AMAT) are much less represented. In addition to U.S. stocks, the ETF has exposure to companies based in Singapore and Taiwan, The ETF trades on average 515,000 shares on a daily basis and has a 0.48% net expense ratio.

http://www.etf.com/sections/blog/semiconductor-etfs-looking-another-banner-year

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