... And as bond yields have come down since November, biotech stocks have been outperforming. 1.2 1.7 2.2 2.7 3.2 3.7 4.2 4.7 5.5 5.7 5.9 6.1 6.3 6.5 6.7 6.9 7.1 Oct-21 Mar-22 Aug-22 Jan-23 Jun-23 Nov-23 10-Year Yield & Strategas Net Liquidity Indicator Net Liquidity (Left, $TN) 10-Year Yield (Right, %, Inverted) 3.0 3.5 4.0 4.5 5.0 70 75 80 85 90 95 100 105 Jan '23 Apr '23 Jul '23 Oct '23 SPDR S&P Biotech ETF Rel S&P 1500 & 10-Year Yield XBI Rel S&P 1500 10-Year Yield (Left, ...

... Greater regulation of cryptocurrencies seems highly likely. In the purposes of full disclosure of my economic interest and inability to trade gold stocks, it should be known to one and all that I still own a fair amount of the junior gold miners ETF GDXJ. I established the position in late 2020 when, looking at the sheer amount of fiscal and monetary stimulus foisted upon the global economic system, I believed a spike in inflation was inevitable. The CPI was 0.1% y/y at the ...

... 3.6% 3.3% 52.6% Large-Cap Growth ETF Exposure to Magnificent 7 AAPL / MSFT / GOOGL / AMZN / NVDA / META / TSLA With Higher Rates, Value Has Taken a Round Trip Relative To Growth Magnificent 7 Maintain a Significant Share in Growth ETFs 12/21/23 Strategas Securities - ... Portfolio Exposures Dev AC Core 28% 17% 30% 18% iShares MSCI EAFE Core ETF (IEFA) US LC Value 20% 12% 19% 11% iShares S&P 500 Value ETF (IVE) US LC Core 16% 10% 15% 9% iShares S&P 500 Core ETF (IVV) US LC ...

The strength from X was the day's catalyst, but the strength from the Steel stocks long pre-dates any deal news. The SLX (Steel ETF) has broken out from a multi-year range, and more broadly, the European Basic Resources Group (home to many ... Steel Index Monthly % Change; R2 = 0.67 LATIN AMERICA BREAKING OUT AND OUTPERFORMING ASIA Strategas Technical & Macro Research Please Do Not Redistribute 10 12/19/2023 Latin America 40 ETF (ILF) 50 & 200-Day MA Lat Am (ILF) Relative to ...

S&P 500 Contribution of 10 Largest Weights During Positive Performance Years Strategas ETF Research Please Do Not Redistribute See Appendix for Important Disclosures ETF Research Tuesday, December 19, 2023 Strategas ETF Research Todd Sohn, CMT (646) 292-7958 tsohn@strategasrp.com TOP 10 WEIGHTS CONTRIBUTION UPDATE; KEY THEME FOR 2024 There's an exceptional amount of noise from ETF flows data with quarterly and year-end rebalances occurring (hence a recent 1-day inflow of ...

If seasonality holds up through year end, there may be a shot that December ultimately shapes up to be the best relative performance month of the year for high beta relative to low beta. ...Top 10 Month All Time For History Of The Data Set As Well Zooming out, the month-to-date performance that we've observed thus far off the back of a Fed pivot has equated to a top 10 relative performance month of all time for the history of these ETFs (SPHB/SPLV). This list is mixed with ...

... Strategas Technical & Macro Research Please Do Not Redistribute 8 12/18/2023 AUDUSD 50 & 200-Day MA Overbought/Oversold ✓ Similar message here for AUDUSD... trend starting to improve. SAME FOR XME... Strategas Technical & Macro Research Please Do Not Redistribute 9 12/18/2023 S&P Metals & Mining ETF (XME) 50 & 200-Day MA XME Relative to S&P 500 The Metals continue to act better. YEN SHORTS ONLY STARTING TO COVER... A LOT MORE TO GO Strategas Technical & Macro Research ...

... 500 RETURNS DURING TIME IN OFFICE BY PRESIDENT MONEY MARKETS HAVE ATTRACTED GREATEST FLOWS BY FAR IN 2023 Year MF ETF MF ETF 2009 ($27.6) $30.9 $29.6 $39.6 $417.2 ($539.1) 2010 ($81.1) $46.7 $56.7 $41.5 $262.0 ($525.1) 2011 ($133.3) $47.3 ... $55.8 $144.8 $763.8 TOTAL ($3,162.0) $2,328.8 ($11.7) $1,086.1 $3,233.6 $1,516.9 Net Flows into Mutual Funds + ETFs ($BN) Money Mkt Domestic Equity International Equity Bond S&P 500 Price Returns For Time In Office Start Date ...

Please Do Not Redistribute See Appendix for Important Disclosures ETF Research Tuesday, December 12, 2023 Strategas ETF Research Todd Sohn, CMT (646) 292-7958 tsohn@strategasrp.com 4 CONTRARIAN IDEAS FOR 2024 ETFs are a growing slice of the financial markets that we believe reflect the psychology of participants and a read on sentiment. On that score, while broader equity ETF flows continue to accelerate higher - to the tune of $2 Bn per day for the first time in about a year ...

... INDUSTRIALS CONTINUE TO ACT WELL Strategas Technical & Macro Research 31 12/8/2023 S&P Industrials Sector - Equal Weight 50 & 200-Day MA Industrials Relative S&P 500 Industrials continue to lead, has been the case for much of the last 18 months. CONTRARIAN NOTE... EXTREME OUTFLOWS FOR HEALTHCARE Strategas ETF Research 32 12/8/2023 Healthcare Relative S&P 500 - Equal Weight 200-Day Average Healthcare Sector ETF Flows Rolling 1-Year Sum, $MM -2 Standard Deviations +2 Standard ...