Edition 0018. 06.04.2022. Week of 05.30 - 06.04.2022.
This weekly commentary examines 9 U.S. equity indices. Our aim is to develop a clear picture of how the U.S. equity market is performing. We analyze performance, price, trend, and momentum. To increase the utility of this research, we use ETFs where possible.
Key Takeaways
All of our US equity symbols finished lower last week, except for micro-caps (IWC).
IWC printed a 5-week closing high.
Year-to-date, the only positive symbol is the Dow Utility Average (DJU).
This year’s laggard is the Nasdaq 100.
Our quantitative model only shows the DJU in an uptrend, though on neutral momentum.
Trend Summary Table. Click to enlarge.
Performance table sorted by the 1-week rate-of-change.
Click here for the performance table guide. Click the performance table to enlarge.
US Equity Landscape Performance Year-to-Date Chart.
Click to enlarge.
The Charts!
The Nasdaq 100 ETFs
QQQ: The Nasdaq 100 ETF. Click to enlarge.
QQEW: The Nasdaq 100 Equally Weighted ETF. Click to enlarge.
Standard & Poor’s ETFs
SPY: The S&P 500 ETF. Click to enlarge.
RSP: The S&P 500 Equally Weighted ETF. Click to enlarge.
IJH: The S&P 400 ETF. Click to enlarge.
IJR: The S&P 600 ETF. Click to enlarge.
The Russell ETFs & Micro-Caps
IWB: The Russell 1000 ETF. Click to enlarge.
IWM: The Russell 2000 ETF. Click to enlarge.
IWC: Micro-Cap ETF. Click to enlarge.
Dow Jones Indices
DJT: Dow Jones Transportation Average. Click to enlarge.
DJI: Dow Jones Industrial Average. Click to enlarge.
DJU: Down Jones Utility Average. Click to enlarge.
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