#Global #ETF Weekly (thread): 15 Jan 2021
- 2020 worst perf #sector making comeback in 2021 $IXC
- This is helping #oil producing countries with #Nigeria, #UAE & #Russia in top5 #Country ETF YTD performers in USD $NGE $UAE $ERUS
- Few countries moving in red this week
2/8
#Global #Value #stocks still making short-term recovery, with $IWVL #ETF still looking very strong relatively over the short-term. Over 3yr period it is however still lagging quite substantially.
This should be interesting for this months #OrbisvsSP500 unofficial challenge
3/8
This one is worrying, but then again, it's been for some time. #Global #Tech #stocks relative to #MSCI All Country World Index is definitely creating some concern. Be very careful.
$IXN vs $ACWI
4/8
Know this one might create some controversy, therefore disclaimer 1st. I'm also not positive on #US #Bonds over longer-term. But be careful over short-term as $TLT #ETF relative to $SPY indicate oversold (bonds) &/or overbought (equities) & could see profit taking. #stimulus
5/8
This ππΌ could be positive for #Gold. Comparing $GLD (gold price) #ETF with $GDX (#Goldminers), one can see that miners getting close to gold ($/oz). Relative not cheap yet & can still see further weakness. Will do separate tech tweet on GDX later. In short wait for $32.20.