iShares MSCI South Korea Capped Index Fund

  • TickerEWY
  • ISINUS4642867729
  • ExchangeNYSE Arca
  • SectorNonequity Investment Instruments
  • CountryUnited States
Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Industrials, Downgrading Defensives The current market scenario is not what we would consider “perfect” for a bull market, but it certainly has most of the necessary ingredients. Therefore, we continue to believe we are in the early stages of a broad-based advance. • Upgrading Industrials, Downgrading Defensives. Cyclical Sectors continue to show price and RS improvement while Defensive Sectors deteriorate, a favorable backdrop for a bull market. We are upgrading Industrials (XLI, RGI) to overweight due to bullish price and RS inflections, and we are downgrading Staples (XLP), Util...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Bullish Developments Continue; Downgrading Communications Bullish developments continue to flood the market, leading us to believe we may be in the early stages of a broad-based advance. • Bullish Arguments Flooding the Market. Major global and US indexes (SPY, RSP, QQQ, EEM, EFA, EUFN, ACWI, Europe, Japan, etc.) are making bullish inflections. Serial laggards such as retail (XRT) and biotech (IBB, XBI) appear to be bottoming. Cyclical Sectors are breaking topside resistance (e.g., XLK, XLF, XLI). Broad commodities (DJP) appear to be bottoming. All of these developments are consistent with b...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Industrials; Overweight Small-Caps The S&P 500 has continued to trickle higher along with positive expectations surrounding trade and Fed policy. 2,817 is the current resistance level we are watching on the S&P 500. Considering the market's melt-up, we believe potential exists for a “sell the news” event once a deal on trade is announced. At the same time, we continue to believe the market is going through a bottoming process and that a “buy the dip” mentality remains warranted. • Upgrading Industrials (XLI): RS is bottoming for the XLI due in large part to strength in Aerospace & ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Energy and Small-caps • Energy and small-caps breaking out. We are upgrading both to overweight. Continued strength in oil prices has led the XLE to breakout topside resistance... see below and page 6. Also breaking out to new highs is the Russell 2000 small-cap index (IWM)... see below and page 3. • Big picture trends: Interest rates, the USD, and commodities. The 10-year Treasury yield has continued to climb, moving as high as 3.115% last week to levels not seen since 2011. With that said, the 30-year may be the yield to watch. The USD's advance has coincided with rising commodit...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

U.S. Dollar, broad commodities, and interest rates on the rise • Big picture trends: The USD, commodities, and interest rates. The USD (UUP) has broken topside its downtrend - a bullish development... see below. In a break from the traditional inverse relationship between the dollar and commodities (DBC), the latter remains on bullish footing, and oil prices (DBO, USO, BNO) continue to lead the advance - remain overweight. Also on the rise is the 10-year Treasury yield, which is testing 3.00% resistance... see page 2. • Market internals and outlook: With support levels holding for the prima...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Industrials, Downgrading Defensives The current market scenario is not what we would consider “perfect” for a bull market, but it certainly has most of the necessary ingredients. Therefore, we continue to believe we are in the early stages of a broad-based advance. • Upgrading Industrials, Downgrading Defensives. Cyclical Sectors continue to show price and RS improvement while Defensive Sectors deteriorate, a favorable backdrop for a bull market. We are upgrading Industrials (XLI, RGI) to overweight due to bullish price and RS inflections, and we are downgrading Staples (XLP), Util...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Bullish Developments Continue; Downgrading Communications Bullish developments continue to flood the market, leading us to believe we may be in the early stages of a broad-based advance. • Bullish Arguments Flooding the Market. Major global and US indexes (SPY, RSP, QQQ, EEM, EFA, EUFN, ACWI, Europe, Japan, etc.) are making bullish inflections. Serial laggards such as retail (XRT) and biotech (IBB, XBI) appear to be bottoming. Cyclical Sectors are breaking topside resistance (e.g., XLK, XLF, XLI). Broad commodities (DJP) appear to be bottoming. All of these developments are consistent with b...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Industrials; Overweight Small-Caps The S&P 500 has continued to trickle higher along with positive expectations surrounding trade and Fed policy. 2,817 is the current resistance level we are watching on the S&P 500. Considering the market's melt-up, we believe potential exists for a “sell the news” event once a deal on trade is announced. At the same time, we continue to believe the market is going through a bottoming process and that a “buy the dip” mentality remains warranted. • Upgrading Industrials (XLI): RS is bottoming for the XLI due in large part to strength in Aerospace & ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Energy and Small-caps • Energy and small-caps breaking out. We are upgrading both to overweight. Continued strength in oil prices has led the XLE to breakout topside resistance... see below and page 6. Also breaking out to new highs is the Russell 2000 small-cap index (IWM)... see below and page 3. • Big picture trends: Interest rates, the USD, and commodities. The 10-year Treasury yield has continued to climb, moving as high as 3.115% last week to levels not seen since 2011. With that said, the 30-year may be the yield to watch. The USD's advance has coincided with rising commodit...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

U.S. Dollar, broad commodities, and interest rates on the rise • Big picture trends: The USD, commodities, and interest rates. The USD (UUP) has broken topside its downtrend - a bullish development... see below. In a break from the traditional inverse relationship between the dollar and commodities (DBC), the latter remains on bullish footing, and oil prices (DBO, USO, BNO) continue to lead the advance - remain overweight. Also on the rise is the 10-year Treasury yield, which is testing 3.00% resistance... see page 2. • Market internals and outlook: With support levels holding for the prima...

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