iShares U.S. Oil & Gas Explora

  • TickerIEO
  • ISINUS4642888519
  • ExchangeNYSE Arca
  • SectorNonequity Investment Instruments
  • CountryUnited States
Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Add Exposure to Small-Caps; Upgrading Health Care Bullish price and RS inflections for small-caps (IWM) is the latest positive development underpinning our belief that we are in the early stages of a broad-based market advance. • Small-Caps. The Russell 2000 (IWM) is decisively breaking topside $160 resistance and is making the long-awaited bullish RS reversal -- add exposure. Bullish price and RS inflections for small-caps helped ignite the broad market rally that began in early 2016, and we believe today's market is poised for a similar outcome... see chart below. • Health Care. We are up...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Energy to Market Weight Better economic data and optimism surrounding US-China trade (notwithstanding last Friday) has put a floor under Treasury yields and has led investors to take profits from large-caps, growth, and defensive areas of the market and migrate to small-caps, value, and cyclical segments of the market. While this shift has been a welcomed sight for the prospects of a broad-based move higher, several key risk-on areas of the market have thus far failed to break above resistance, leaving our overall neutral outlook intact. • Upgrading Energy. We are upgrading Energy...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Communications and Energy We remain positive on U.S. and foreign equities and we are encouraged by recent developments highlighted below which are primarily of the bullish variety. • Upgrades: We are upgrading Comm. Services (XLC) to overweight and equal-weighted Energy (RYE) to market weight due to an RS breakout for the XLC and bullish RS reversals for several energy ETFs (RYE, XOP, IEO). Add exposure. See charts below and Sector comments on pages 4-5 for actionable ideas. • Additional bullish developments: Several cyclical areas of the market are breaking topside key resistance...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Downgrading Discretionary and Financials In recent months we have highlighted rising interest rates as a concern, asserting it has the potential to derail the market's advance. Last week the 10-year and 30-year Treasury yields broke above critical resistance areas - 3.1% and 3.25%, respectively. The sell-off in bonds coincided with a stumble for the U.S. stock market, but no derailment yet considering the S&P 500's multi-month uptrend remains intact. For now we remain constructive with the uptrend intact, and we are monitoring the 50- and 100-day moving averages for support. • Big picture tr...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

YTD S&P 500 trading range continues; Avoid broad international exposure Constructive but murky outlook for U.S. equities paints an overall mixed picture, making sector/group/stock selection critical. • Bull case: (1) advance-decline (A-D) lines and other breadth indicators (% of stocks above 50-, 200-day moving averages) are neutral to positive; (2) price and RS uptrends remain intact for risk-on segments, including Technology (XLK), biotech (XBI, IBB), and growth stocks (IUSG); and (3) the S&P 500 is trading within a 4-month uptrend. • Bear case: (1) uptrends are breaking down for cap- an...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Add Exposure to Small-Caps; Upgrading Health Care Bullish price and RS inflections for small-caps (IWM) is the latest positive development underpinning our belief that we are in the early stages of a broad-based market advance. • Small-Caps. The Russell 2000 (IWM) is decisively breaking topside $160 resistance and is making the long-awaited bullish RS reversal -- add exposure. Bullish price and RS inflections for small-caps helped ignite the broad market rally that began in early 2016, and we believe today's market is poised for a similar outcome... see chart below. • Health Care. We are up...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Energy to Market Weight Better economic data and optimism surrounding US-China trade (notwithstanding last Friday) has put a floor under Treasury yields and has led investors to take profits from large-caps, growth, and defensive areas of the market and migrate to small-caps, value, and cyclical segments of the market. While this shift has been a welcomed sight for the prospects of a broad-based move higher, several key risk-on areas of the market have thus far failed to break above resistance, leaving our overall neutral outlook intact. • Upgrading Energy. We are upgrading Energy...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Communications and Energy We remain positive on U.S. and foreign equities and we are encouraged by recent developments highlighted below which are primarily of the bullish variety. • Upgrades: We are upgrading Comm. Services (XLC) to overweight and equal-weighted Energy (RYE) to market weight due to an RS breakout for the XLC and bullish RS reversals for several energy ETFs (RYE, XOP, IEO). Add exposure. See charts below and Sector comments on pages 4-5 for actionable ideas. • Additional bullish developments: Several cyclical areas of the market are breaking topside key resistance...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Downgrading Discretionary and Financials In recent months we have highlighted rising interest rates as a concern, asserting it has the potential to derail the market's advance. Last week the 10-year and 30-year Treasury yields broke above critical resistance areas - 3.1% and 3.25%, respectively. The sell-off in bonds coincided with a stumble for the U.S. stock market, but no derailment yet considering the S&P 500's multi-month uptrend remains intact. For now we remain constructive with the uptrend intact, and we are monitoring the 50- and 100-day moving averages for support. • Big picture tr...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

YTD S&P 500 trading range continues; Avoid broad international exposure Constructive but murky outlook for U.S. equities paints an overall mixed picture, making sector/group/stock selection critical. • Bull case: (1) advance-decline (A-D) lines and other breadth indicators (% of stocks above 50-, 200-day moving averages) are neutral to positive; (2) price and RS uptrends remain intact for risk-on segments, including Technology (XLK), biotech (XBI, IBB), and growth stocks (IUSG); and (3) the S&P 500 is trading within a 4-month uptrend. • Bear case: (1) uptrends are breaking down for cap- an...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch