iShares U.S. Healthcare Provid

  • TickerIHF
  • ISINUS4642888287
  • ExchangeNYSE Arca
  • SectorNonequity Investment Instruments
  • CountryUnited States
Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Markets at key inflection point Global markets are at a key inflection point as investors await the first Fed rate cut since 2008 in an effort to keep the economy on track and stave off uncertainties relating to global growth and trade. Over the past couple of weeks the market has been in wait-and-see mode in anticipation of this Wednesday's Fed announcement. Earnings have been the focal point, but the S&P 500 has been virtually unchanged. That is all likely to change following the Fed rate cut announcement and Powell's press conference. Below we highlight several areas that are at key inflec...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Global indexes at major resistance Despite the S&P 500 having crept into all-time high territory, several signals continue to give us reason for pause as they are not indicative of what we would expect to see in a typical bull market. Below we highlight some of these signals which give us reason for pause, including major global indexes (ACWI and IOO) which find themselves at critical resistance... see charts below. • Reasons for pause: RS is neutral and consolidating for defensive bond proxy Sectors. Price trends are neutral at best for banks (KBE, KRE), transports (IYT), small-caps (IWM), ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

The good outweighs the bad Our checklist of bullish indicators continues to grow as equal-weighted Financials (RYF), global Financials (IXG), global autos (CARZ), and the Dow Jones Transportation Average (IYT) are each decisively breaking topside critical resistance levels. These developments have led us to be incrementally more bullish. At the same time, biotech has succumbed to weakness within Health Care -- a point for the bears as it is one aspect that puts a damper on risk sentiment. Overall the good outweighs the bad and our positive outlook remains intact. • Sector Relative Strength R...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Real Estate and Utilities to overweight The S&P 500 peaked near 2,817 resistance following the Trump-Xi meeting at the G20 summit, and is now hovering near the critical 2,600 support level. Our baseline expectation is for continued consolidation between these support and resistance levels. The ultimate breakout or breakdown will be key in determining where the market goes longer term. Meanwhile, barring meaningful clarity on the U.S.-China trade front or Fed policy, the market remains vulnerable to a breakdown. • Overweight large-caps. We are shifting from market cap neutral to ove...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Cautious outlook intact We continue expect additional consolidation, volatility, and potentially lower prices as the market attempts to stabilize. Important levels we are monitoring on the S&P 500 include support near 2,600 and resistance near 2,817 - which currently coincides with both the 100-day and 50-day moving averages. • Big picture trends. The growth (IUSG) vs. value (IUSV) uptrend is breaking down in favor of value -- shift exposure from growth to value. The large-cap (IVV) vs. small-cap (IJR) ratio is similarly inflecting in favor of small-caps -- we are shifting to market cap neut...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Markets at key inflection point Global markets are at a key inflection point as investors await the first Fed rate cut since 2008 in an effort to keep the economy on track and stave off uncertainties relating to global growth and trade. Over the past couple of weeks the market has been in wait-and-see mode in anticipation of this Wednesday's Fed announcement. Earnings have been the focal point, but the S&P 500 has been virtually unchanged. That is all likely to change following the Fed rate cut announcement and Powell's press conference. Below we highlight several areas that are at key inflec...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Global indexes at major resistance Despite the S&P 500 having crept into all-time high territory, several signals continue to give us reason for pause as they are not indicative of what we would expect to see in a typical bull market. Below we highlight some of these signals which give us reason for pause, including major global indexes (ACWI and IOO) which find themselves at critical resistance... see charts below. • Reasons for pause: RS is neutral and consolidating for defensive bond proxy Sectors. Price trends are neutral at best for banks (KBE, KRE), transports (IYT), small-caps (IWM), ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

The good outweighs the bad Our checklist of bullish indicators continues to grow as equal-weighted Financials (RYF), global Financials (IXG), global autos (CARZ), and the Dow Jones Transportation Average (IYT) are each decisively breaking topside critical resistance levels. These developments have led us to be incrementally more bullish. At the same time, biotech has succumbed to weakness within Health Care -- a point for the bears as it is one aspect that puts a damper on risk sentiment. Overall the good outweighs the bad and our positive outlook remains intact. • Sector Relative Strength R...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Upgrading Real Estate and Utilities to overweight The S&P 500 peaked near 2,817 resistance following the Trump-Xi meeting at the G20 summit, and is now hovering near the critical 2,600 support level. Our baseline expectation is for continued consolidation between these support and resistance levels. The ultimate breakout or breakdown will be key in determining where the market goes longer term. Meanwhile, barring meaningful clarity on the U.S.-China trade front or Fed policy, the market remains vulnerable to a breakdown. • Overweight large-caps. We are shifting from market cap neutral to ove...

Dave Nicoski ...
  • Ross LaDuke

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

Cautious outlook intact We continue expect additional consolidation, volatility, and potentially lower prices as the market attempts to stabilize. Important levels we are monitoring on the S&P 500 include support near 2,600 and resistance near 2,817 - which currently coincides with both the 100-day and 50-day moving averages. • Big picture trends. The growth (IUSG) vs. value (IUSV) uptrend is breaking down in favor of value -- shift exposure from growth to value. The large-cap (IVV) vs. small-cap (IJR) ratio is similarly inflecting in favor of small-caps -- we are shifting to market cap neut...

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