Stephen Suttmeier

This post highlights the Tactical Ranks for the S&P 500 GICS level 1 sector ETFs. The Top Five Tactical Ranks are Technology, Healthcare, Communication Services, Consumer Discretionary, and Energy. The Growth sectors (Technology, Communication Services, and Discretionary) dominate the top five. Technology reclaims the top spot from Healthcare and is the only sector with a consistent top five ranking over the last 10 weeks. Utilities drop out of the top five, replaced by Energy. The Bottom...

The iShares China Large Cap ETF (FXI) has a bullish breakout and retest pattern from a 2022 into 2025 cup and handle formation. Holding the zone of the rising 26- and 40-week moving averages (WMAs) from 38.78 down to 37.50, along with the breakout and retest area at 38.15-37.50, would keep the pattern bullish for FXI. The cup and handle pattern supports the case for upside beyond the 61.8% retracement of the February 2021 to January 2024 decline at 41.66 and the early October high at 42.00...

We received a blog question on J.B. Hunt Transportation Services (JBHT) . We highlighted this stock as bearish in the 7/31 The Stock Pulse , and it dropped initially after breaking lower from a rising wedge prior to improving and invalidating the bearish setup in mid October. JBHT gapped up in mid October to confirm a March-October basing pattern. The breakout and retest of the 158-157 zone solidified this bullish setup to target the 185 to 192.50 area, which JBHT is testing this week. The...