Equal-Weight & Market-Cap Sector ETFs Equal-Weight & Market-Cap Sector ETFs
As noted already, the GICS sectors (11) suffer from odd placements of companies because the companies can be only in one sector (e.g. all of the original FANG are now found in XLC and XLY), and also the super-concentration (e.g. XLE). The SPDR sector ETFs follow the GICS sectors using market-caps, but Invesco/IVZ sector ETFs use equal-weights. There are other related ETFs too, but this post lists only the SPDR (market-cap) and Invesco (equal-weight) sector ETFs. Search the other ETFs with etfdb.com/etfs/.
Sector, Equal-Weight ETF, Market-Cap ETF, Notes on SPDRs
Communications, EWCO, XLC, High % in META (#1), GOOG/GOOGL (#2, #3), NFLX (#6)
Consumer-Discretionary, RCD, XLY, High % in AMZN (#1), TSLA (#3)
Consumer-Staples, RHS, XLP
Energy, RYE, XLE, High % in XOM (#1), CVX (#2)
Financials, RYF, XLF, Real-estate equities are now in XLRE, mREITs remain
Healthcare, RYH, XLV
Industrials, RGI, XLI
IT, RYT, XLK
Materials, RTM, XLB
Real Estate, EWRE, XLRE
Utilities, RYU, XLU
SP
500, RSP, SPY
StockCharts has CandleGlance charts for SPDR ETFs.
https://stockcharts.com/freecharts/candleglance.html?[SECT] Added is one for Invesco ETFs.
https://stockcharts.com/freecharts/candleglance.html?RSP,RCD,RGI,RHS,RYE,RYF,RYH,RTM,RYT,RYU,EWCO,EWRE|B|null
https://ybbpersonalfinance.proboards.com/thread/133/gics-sectors-industries?page=1&scrollTo=899
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations)
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations) From Walter Deemer this evening, a true icon since the 1960s among technical analysts. “ The stock market generated breakaway momentum today for the 25th time since 1945. This is a genuine breadth thrust. It means (IMHO) we’re in a bull market. How long it lasts, and how far it carries is something we will know only in the fullness of time.”
Twitter is all lathered up about Mr. Deemer’s breakaway momentum thrust, Zweig’s breadth thrust, a Whaley breadth thrust and more, I am in a small group of retired bond traders from insurance companies and banks and that is all they are talking about too. Even more so since the junk bond indicator has worked so well YTD. I just hope since these breadth thrusts are now so well embraced/discussed/known that doesn’t blunt their effectiveness,
Would be nice if this lock out move up continues not allowing those waiting for a pull back to jump on board. But who knows, The S@P is the most overbought now since last May where it then proceeded to lose several hundred points so say the bears. This current market though in no way resembles the May market other than being overbought. Just look at the daily new highs/lows.
Average U.S. Stock Fund Fell 18.4% in 2022 / Best Stock Fund Managers of 2022
I-Bonds 6.89%, 11/1/22 If the rate is high for twelve months (you're getting a blended 12 month rate of around 8.4%), then the penalty is almost meaningless. Hold the savings bond for 15 months and you get that 8.4% for 15 months instead of 12, which is still around 6.7% annualized.
That penalty wasn't a deterrent with rates so high. It's likely to be one going forward as
rates for upcoming 6 month periods drop back down to "normal".
I-Bonds 6.89%, 11/1/22 Alert on #IBonds, 1/12/23While the current 6.89% rate will apply to I-Bond purchases until 4/28/23 (rate valid for 6 months from the purchase date), the preliminary projections for the next rate on
5/1/13 are for only 0-1%. About the half of the #CPI data needed for
5/1/23 rate is in, and inflation is trending down. I-Bonds that are 12+ months old after
5/1/23 may be sold with 3-mo interest penalty.
https://ybbpersonalfinance.proboards.com/thread/209/savings-bonds-6-months-nov?page=4&scrollTo=897
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations)
”Too many George Santos impersonators have infiltrated some of these forums.”
Hi Gary. I don’t know whether your reference was to me or not. But inasmuch as I’d earlier alluded to some profitable personal investments and inasmuch as others might construe your remark in that way I’ve edited my original post, deleting all references to my own investments or personally favored assets / asset classes. I also deleted references to investment newsletters I may subscribe to.
The question of poster integrity is a critical one that surely affects
mfo and similar forums. You are right to raise the issue. Short of submitting to board sponsors authentic documentation to substantiate investor claims (which I know you to have done on at least one occasion) there is no way for readers to know for certain whether poster claims of success are truthful - or even if they’ve owned the funds / assets they claim to. I should add here that I have been most impressed with the caliber of the posters on this forum and do not get the sense, as you appear to, that there are a significant number of “George Soros” posts occurring - at least on regular basis. But I could be wrong.
One here whom I greatly respect, Mark Freeland (@msf), has always astutely avoided identifying or acknowledging any stocks or funds he may own. I can’t speak for Mark, but the reasons he has stated in the past made good sense to me. I will follow in his footsteps and refrain in the future from identifying any funds, stocks or other assets I may own or may have owned in the past. I will also avoid mention of asset classes I may favor or invest in. At first blush I considered going back and similarity editing all such past references made in other threads. But doing so would be grossly unfair to those who responded / participated in the threads with their own thoughtful or helpful remarks.
Thanks for responding to my post. Enjoy the long hike.
@Hank, heavens no. You are as honest as the day is long. One of the most valued members here from long ago. It’s the posters who have masterfully crafted a make believe trading/investment background/ persona with all sorts of bells and whistles to gain attention. I have pretty much gotten off Facebook too. A bit different reason but tired of seeing the irrelevant go to such lengths to become relevant. That obviously applies to only a select few as I do understand the value/appeal of FB. Let’s just say I am more than a bit old fashioned and a bit of a Luddite and not a social media fan. Please take me back to the 80s. Better yet the
50s. If it weren’t for the fact of having a long time lady friend here in Mayberry, I would be living off the grid somewhere in the mountains.
I do believe though there are lots of George Santos in all walks of life. How he pulled off that scam is beyond me. Did his opponent never think about checking out his claimed credentials? Lots of blame all around on that one.
Rare earth minerals: BIG find. Sweden.
Exxon Mobil accurately predicted warming since 1970s, study finds https://nbcnews.com/science/environment/exxon-mobil-accurately-predicted-warming-1970s-study-finds-rcna65583Will it affect its stock? It should, but it probably won't unless there's some sort of class action suit or government prosecution. An article excerpt:
Exxon Mobil’s scientists were remarkably accurate in their predictions about global warming, even as the company made public statements that contradicted its own scientists’ conclusions, a new study says.
The study in the journal Science Thursday looked at research that Exxon funded that didn’t just confirm what climate scientists were saying, but used more than a dozen different computer models that forecast the coming warming with precision equal to or better than government and academic scientists.
This was during the same time that the oil giant publicly doubted that warming was real and dismissed climate models’ accuracy. Exxon said its understanding of climate change evolved over the years and that critics are misunderstanding its earlier research.
Scientists, governments, activists and news sites, including Inside Climate News and the Los Angeles Times, several years ago reported that “Exxon knew” about the science of climate change since about 1977 all while publicly casting doubt. What the new study does is detail how accurate Exxon funded research was. From 63% to 83% of those projections fit strict standards for accuracy and generally predicted correctly that the globe would warm about .36 degrees (.2 degrees Celsius) a decade.
The Exxon-funded science was “actually astonishing” in its precision and accuracy, said study co-author Naomi Oreskes, a Harvard science history professor. But she added so was the “hypocrisy because so much of the Exxon Mobil disinformation for so many years ... was the claim that climate models weren’t reliable.”
Study lead author Geoffrey Supran, who started the work at Harvard and now is a environmental science professor at the University of Miami, said this is different than what was previously found in documents about the oil company.
“We’ve dug into not just to the language, the rhetoric in these documents, but also the data. And I’d say in that sense, our analysis really seals the deal on ‘Exxon knew’,” Supran said. It “gives us airtight evidence that Exxon Mobil accurately predicted global warming years before, then turned around and attacked the science underlying it.”
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations) Jeffrey Hirsch (son of late
Yale Hirsch; founder of
Stock Trader's Almanac) posted a table at
Twitter LINK with data from 19
50 on:
SC Rally (late-Dec Santa Claus rally)
FFD (first
5 days of the year)
JB (Jan barometer)
Subsequent
Feb
Last 11 Mo (Feb-Dec)
Full Year (Jan-Dec)
Instead of a single pointer, when all 3 are positive (SC Rally, FFD, JB), the year is good.

And from Carson Research if you add if the previous year was down - as was 2022 - to the above equation ( nine occurrences) you have an average 27.1% annual return the following year
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations) Jeffrey Hirsch (son of late
Yale Hirsch; founder of
Stock Trader's Almanac) posted a table at
Twitter LINK with data from 19
50 on:
SC Rally (late-Dec Santa Claus rally)
FFD (first
5 days of the year)
JB (Jan barometer)
Subsequent
Feb
Last 11 Mo (Feb-Dec)
Full Year (Jan-Dec)
Instead of a single pointer, when all 3 are positive (SC Rally, FFD, JB), the year is good.

The Last Ten Days Have Been the Hottest in a While (2023 Market Observations) Popularized by Marty Zweig the last ten trading days dating back to 12/29 will generate ( unless there is some massive decline into the close) one of the rarest and most powerful bullish momentum indicators. That is the total 10 day NYSE advances over declines ratio greater than 2. Has only occurred 20 times since 1945. The last two were January 9, 2019 and June 3, 2020. There were multiple signals in 2009. Walter Deemer has a similar breakaway momentum indicator but for some reason uses 1.97.
Numerous hallowed momentum indicators kicked in but failed last year so will shall see if this rarer and more powerful indicator is officially it for the bears. Most of the traders out there have already been long YTD so this should give them more confidence this is not another fake out rally.
Hopefully can spend most of my time hiking and away from the investing and trading forums, Too many George Santos impersonators have infiltrated some of these forums.
Rebalancing your portfolio @catch22 - Thanks for correction and additional digging.
@Level5 - Thank you for the kind words.
The Last Ten Days Have Been the Hottest in a While (2023 Market Observations) Looks like everything except the kitchen sink is scortching hot to start the new year. Feel free to add any charts, etc. …
Industrial metals / mining have been hot most of 2022 … Rio Tinto (RIO) shows a 6 month gain of 33% on the Google chart today. Looks like gold will soon break above $900 if it hasn’t already, Miners are up 1-2% today. As
@MikeM noted in another thread recently, PRPFX … is a tamer way to play the metals - and held up relatively well last year. And some REIT funds bounced around 4% yesterday.
Lagging are some of the
consumer staples stocks viewed as more of a defensive play - but still enjoying the ride. One defensive fund some here own,
CCOR, has been struggling a bit lately. Off about 0.
50% at the moment - but tends to be highly volatile on an hour-by-hour and day-to-day basis … If you own anything denominated in non-dollar currencies you’ll likely have a good day. In particular the Japanese
yen is doing very well today …
(Paragraph deleted)
… GNMA funds have been hot this year … Daily gains around a half-percent common. Some up 0.7
5% today alone. Have to believe many other investment grade bond funds are enjoying the ride. The first 10 trading days of 2023 seem a
mirror image of 2022 when both stocks and bonds tumbled together.
Other market observations?
Rebalancing your portfolio @Level5 Yes for taxes with MMKT. Treasury items not taxed at a local level may also apply, if a municipality/city requires tax filing. Our FZDXX (4.27%) is within IRA and taxable accounts. But, taxes are important to 'total return'. We're/I'm too lazy to purchase Treasury items in taxable account, and are satisfied with the current yield.
Rebalancing your portfolio @hankI changed the ticker, as I did a typo. Should be FZDXX. $10,000 in IRA. The $100,000 is taxable account. One has to do an actual purchase for FZDXX, not unlike buying a mutual fund. So, you could use another MMKT/core account (example: SPAXX or FDRXX) monies to purchase When logged in to Fido, select your 'positions', then select the 'dividends tab for current yield; and you can enter FZDXX into the search for yield info there, although it may be dated by one week old, but at this time is close to the previous week yield.
Check
here for more info regarding FZDXX and what may be do with monies in this fund. msf provided an excellent write.
Rebalancing your portfolio Sounds like
@Level5 has his act together. Nice approach me thinks.
Can’t emphasize enough the relevance of age & situation to this whole topic. As one nears 80, unless there’s some extenuating circumstance (growing portfolio for heirs, having money to burn, being really desperate for return, etc.) it’s best to stay on a tight leash. Don’t get too far out on the ledge. Time ceases to be on your side at some point. Indeed, some who are north of 7
5 elect to move to cash only or safer funds like VWINX. I’d say: Be slow to criticize whatever conservative path these folks (self included) elect to pursue. :)
@Catch22. Thanks for the mm info. Looks like FDZXX has a $100,000 minimum investment.
Rebalancing your portfolio @Level5
but our VG money market funds seem just as competitive at the moment (am I missing something here?).
Your VG MMKT are in line with Fidelity MMKT's. SPAXX (3.9%)and FDRXX (3.93%) are standard MMKT core accounts with yield about 3.88%. While an additional MMKT we use, FZDXX is at 4.27%.
Rebalancing your portfolio We’ve (DW & I) been at the conservative end with a target equity of 35% and 22% to TIAA’s Traditional account “guaranteeing” 3+%/yr. I’m grateful to have only taken a 7% hit this past year, between the 28% bond funds and 10% cash. Instead of investing the RMDs these last few years and not needing half of them for living expenses, we’d stashed the cash in 2020-21.
Now that the market has dropped, we’ve been investing back into equities (VTI, VIG, SCHD, VPU). We’d started to purchase short-term treasuries (3 and 6-month) at auction, but our VG money market funds seem just as competitive at the moment (am I missing something here?).
Buy Sell Why: ad infinitum. @catchYes sir very little buys. No more cash
Property tax due 3 weeks
Added shares Tsla last 3 4 weeks so cheap hold 10 yrs
401k still 90%stocks 10% distributions every two wks
Did bought add Ally bond corps mature 2027 for mama portfolio 2d ago Bbb, owned by 40 etf and mmutual funds (only mama acct has cash)
Personally I think China emergent markets, tech, growth, clouds business will do very well for
5 7 yrs... Keep dca in qqqm snow sp
500 IWM small amount after feb
More EDC YINN
Kind regards