Stephen Suttmeier

This post highlights the Tactical  and longer-term 52-week Ranks  for the S&P 500 GICS Level 1 sector ETFs  as of the week ending 1/16/2026. The Top five Tactical Ranks are Industrials, Materials, Energy, Healthcare, and Technology. Discretionary dropped out of the top five, replaced by Energy. The top three sectors - Industrials, Materials, Energy - suggest a rotation to tactical leadership from cyclicals. Two of these sectors - Industrials and Materials - also rank in the top five in terms...

The Global X MSCI Columbia ETF (COLO) has achieved a bullish breakout and retest from double bottom of its 2020 and 2023 lows. While there is tactical support at 38.20, this positive setup remains in place above 35.40 with upside potential to 46-46.60 (2018 peak and the 38.2% retracement of the 2010 to 2020 decline) and then higher to 53-56 (double bottom pattern count and 50% retracement). Rising 13-, 26-, and 40-week moving averages from 36.89 down to 32.45 reinforce this bullish backdrop...

Meta Platforms (META) remains vulnerable on both an absolute price basis and relative to the S&P 500. While below 691 to 711, the bearish breakdown from a July into August head and shoulders top remains intact with risk back to the late November low at 581.25 and potentially lower toward the 496 (100% extension of the August-November decline projected from the December peak) and 479.80 (April 2025 low). Deteriorating 13-, 26-, and 40-week moving averages from 648 up to 696 reinforce this...