As July drew to a close, it was no doubt a banner month for US equity markets, which broke out to all time highs with SPX +3.5% to 2173. After shaking off Brexit panic in June, investors further shook off noise from central banks and switched focus to stronger than expected earnings from the likes… Continue reading WingQuant Monthly Portfolio Update – 2016/07/30
Emerging markets (EEM) have been on a tear since the China Yuan panic lows early 2016. But even within emerging markets, there is plenty of dispersion with number of markets outperforming. Notably, South Korea (EWY), Taiwan (EWT), Brazil (EWZ), which we are long in our Model Quant ETF Portfolio. Here are quick look at the… Continue reading ETFs In the Highlights : EWY, EWT, EWZ, IBB
Strong positive reaction earnings report yesterday, but we are only at the moment retesting a long-term descending trendline + 50 week moving average. Lots of debate whether Apple is no longer a growth stock but value stock, but whether we fail or break out from this line in the sand this week will give us… Continue reading Apple – Line in the Sand
Since the early 2016 lows of under $30, crude oil had been steadily climbing all the way up to $50 before the latest correction, which saw price pulling back to $43 handle. Is it the end of the recovery, or something bigger is brewing? Looking at the weekly chart, it appears to be the latter… Continue reading Oil Pullback Continues
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