1.It’s a Large Cap Growth Market.
SPDR Blog
Topley’s Top Ten – June 20, 2017
1.Market Breadth is Declining.
SPDR BLOG
When market gains are being driven by a few stocks, it means the market’s breadth—the number of stocks moving higher in tandem—is narrowing. This not only indicates that a rally may be somewhat unsustainable, but it may also indicate a challenging time for active managers. When only a few securities lead the charge, it limits the power of individual stock pickers.
As shown above, the market keeps setting new highs while the number of stocks surging ahead (measured by the number of S&P 500 stocks trading above their 200-day moving average) is falling. This could signal rocky days ahead for a stock market looking to move higher
Source: Bloomberg Finance L.P., as of 5/31/2017.
Past performance is not a guarantee of future results. Index returns are unmanaged and do not reflect the deduction of any fees or expenses.
Topley’s Top Ten – June 19, 2017
1.One Year Returns…Robotics ETF Up Double the S&P.
ROBO fund’s assets under management have more than doubled since March Barrons cover on robotics, to $670 million from $286 million, according to FactSet
http://www.barrons.com/articles/rise-of-the-robot-stocks-1497675257
ROBO +36% vs. S&P +16.75% 1 year
Topley’s Top Ten – June 16, 2017
1.Oil Price Volatility Flat in 2017….Are we in for long-term sideways market?
Oil Volatility Index
Crude 2015-2017 Sideways.
