Nov 1, 2024 Pre-Election Modeling UpdateThis video highlights the work I did on November 1, 2024 using my ADL predictive modeling system. We are now 3+ months past the Nov 1, 2024 modeling date and the SPY SPDR sectors are showing various stages of completion related to the ADL predictive price levels.
Some are higher. Others are lower.
Key stats
About SPDR Select Sector Fund - Industrial
Home page
Inception date
Dec 16, 1998
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
ALPS Distributors, Inc.
XLI provides investors with broad US industrial exposure. The fund selects from the S&P 500, limiting its small- and mid-cap exposure and producing a more concentrated portfolio. Because smaller firms make up only a fraction of the industrial sector, the effects of the exclusion are mild. Included companies are those from the industry groups of industrial sector, such as capital goods, commercial & professional services, and transportation. Holdings are weighted by market cap, subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Transportation
Stock breakdown by region
Industrial ETF: Potential BreakoutIndustrial stocks have been rangebound for most of the year, but now they might be breaking out.
Today’s weekly chart features the SPDR Select Sector Industrial ETF, which holds stocks in groups like aerospace, general manufacturing, transportation and construction. The main pattern is the pair of
XLI Weekly Chart Here's the industrial sector being strong then ever, 11th straight green weekly candle. Last week's candle made a strong push and close above the 1.618 Fibonacci level. This is some market we've been having. What do you guys think here? Think this market can take us to the next Fib level? IDK but w
Business Cycle Rotation Part 6: ConclusionsTo Recap:
In parts one and two we used MACD monthly perspective momentum across a large number of tradable assets to produce a matrix of tradable assets, and then to distill an overview of each category's momentum state.
The raw data is placed in the quadrant most consistent with the combinatio
Industrials Breakout $XLIXLI Breakout with $130 Target
XLI tends to have big sloppy consolidation trends over 3 year periods
Then it breaks out for 20 point moves higher
XLI recently broke out above $111 August highs, retested, and continued higher
Chart has ridden 9dma higher since early Nov
RSI stretched short term
Would
Visualizing Business and Market Cycles Through Market Momentum 2Last year I produced several posts that described an exercise that utilizes long term momentum changes between asset classes and the relationship among asset classes to anticipate the business cycle. That series and part 1 of this series are linked below.
Methodology: Individual markets and ratio
Visualizing Business and Market Cycles Through Market MomentumLast year I produced several posts that described a methodology utilizing long term momentum changes between asset classes and the relationship among asset classes to help anticipate the business cycle. That series is linked below.
When I worked in the institutional setting I would place hundreds
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.