... TREND STILL FAVORS HIGHER Strategas Technical & Macro Research Please Do Not Redistribute 10 12/18/2024 Japan 10-Year Yield 50 & 200-Day MA Overbought / Oversold Positive ↑ / Negative ↓ Trend Signals JGB yields are set up to break higher. 1.10% IT TAKES STRUCTURAL CHANGE TO OUTPERFORM THE S&P... ARGENTINA Strategas Technical & Macro Research Please Do Not Redistribute 11 12/18/2024 MSCI Argentina ETF: ARGT 50 & 200-Day MA ARGT Relative to S&P 500 Positive / Negative Trend ...

Please Do Not Redistribute See Appendix for Important Disclosures ETF Research Tuesday, December 17, 2024 Strategas ETF Research Todd Sohn, CMT (646) 292-7958 tsohn@strategasrp.com NEW HIGH FOR S&P 10 ... The divergence is explained by recent accelerations from TSLA and AVGO, but nonetheless, the Roundhill Magnificent 7 ETF (MAGS) is in on the move with a new high for daily volume and inflows. Index concentration is driving market and ETF dichotomy, and we provide two ETF ...

FRESH HIGH FOR BITCOIN = LIQUIDITY CALL STILL ALIVE Strategas Technical & Macro Research Please Do Not Redistribute 2 12/16/2024 Bitcoin 50 & 200-Day MA Overbought / Oversold ✓ Positive ↑ / Negative ↓ Trend Signals Brief consolidation resolving higher for Bitcoin. Equity ETF Flows S&P Futures Positioning 10-Day Put/Call Ratio I.I. Bull / Bear Ratio Consensus % Bullish AAII Bull/Bear Ratio Median Percentile Strategas Sentiment Dashboard Current Reading vs. Historical ...

The sector is a dominant weight in the cohort of momentum ETFs, a large chunk trades extended from their 200-day average (i.e. +2 standard deviation z-score), and recent ETF flows reflect overt enthusiasm (particularly post-U.S. ... 4 12/12/2024 Invesco Equal-Weight Financials Sector ETF (RSPF) 50 & 200-Day Average Rolling 200-Day Z-Score ... ON DEEPER CORRECTION Strategas Technical & Macro Research Please Do Not Redistribute 5 12/12/2024 SPDR Capital Markets ETF ...

On the opposite end of the spectrum, yesterday's best performers also happened to be this year's worst performers. My colleague, Todd Sohn, tells me that leveraged and inverse ETFs saw the largest inflows last month since December of 2020 as well. A tapering of the speculative fervor, particularly towards the fringe ends of the market, would aid in the longevity of the bull market. Make Volatility Great Again? It seems that just about the only thing that hasn't worked ...

Please Do Not Redistribute See Appendix for Important Disclosures ETF Research Tuesday, December 10, 2024 Strategas ETF Research Todd Sohn, CMT (646) 292-7958 tsohn@strategasrp.com LOW BAR FOR EUROPE ETFs The Case For Europe Equities If we had to summarize Europe equity ETFs with one stat it would be this: there are over 50 products focused on the region (whether single country or the entire Eurozone) that have largely been around for much of ETF's existence... and yet, they ...

Yesterday's stimulus spark is welcome, but in our client conversations we gather that not many people realize that the FXI (China ETF) has outperformed both the S&P and QQQ this year... and by a wide margin (roughly 1100bps). The FXI has ... to S&P 500 Positive / Negative Trend Signals -2 SIGMA DAY FOR THE MOMENTUM FACTOR Strategas Technical & Macro Research Please Do Not Redistribute 9 12/10/2024 MSCI Momentum Factor ETF: MTUM 50 & 200-Day MA Daily % Change with +/- 2 Std. ...

Today, the average 2025 S&P forecast is 6681 - just about +10% higher than current levels. There's clearly a different attitude out there as the calendar readies to turn this year... animal spirits are percolating with the post-election surge in ETF flows, aggressive investor surveys, and low put/call ratios. None of these are fatal in isolation, but they collectively emphasize that the bar of expectations for the market is considerably higher today than it was a year ago. ...

EQUITY FLOWS ARE SURGING Strategas ETF Research 3 12/6/2024 S&P 500 (SPY) 200-Day Average Equity ETF Flows: Rolling 65-Day Sum, $Bn Nearly $270 Bn into equity ETFs over the trailing 65-days, this is an absolute surge. +2 Standard Deviations -2 Standard Deviations SURVEY DATA ALSO GETTING SPICY Strategas Technical & Macro Research 4 12/6/2024 S&P 500 40-Week MA I.I. Bull/Bear Ratio 95 th Percentile 90 th Percentile Latest Bull/Bear ratio probing the 4:1 area, also consistent ...

Feb-24 Jun-24 Oct-24 Crypto ETF AUM ($MM) Bitcoin Price Bitcoin vs. Crypto ETF AUM ($MM) Monthly Strategas ETF Research Please Do Not Redistribute See Appendix for Important Disclosures ETF Research Friday, December 6, 2024 Strategas ETF Research Todd Sohn, CMT (646) 292-7958 tsohn@strategasrp.com HISTORY & STATS ABOUT CRYPTO ETFs We've received a fair amount of client questions regarding the crypto ETF space over recent weeks... after all, that's what a run to $100k will do. ...