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On this version of StockCharts TV’s Sector Spotlight, to kick off the month of July, I dive into the standing of the long-term traits as they’re unfolding on the month-to-month charts. The principle message from the asset courses is that the bond market is evident: Company- and Excessive-Yield bond issuers have to pay up for traders to be eager about shopping for their bonds. That is pushing yields up throughout the board and bond costs down.
The S&P stays in a downtrend on the month-to-month timeframe, and there are only some sectors left in uptrends. To nobody’s shock, these are the defensives. Probably the most vital transfer got here from the Supplies sector, which accomplished a giant high formation and is now quickly shifting decrease.
Click here to see the Public Chartlist for Sector Spotlight.
This video was initially broadcast on July 5, 2022. Click on wherever on the Sector Highlight brand above to view on our dedicated Sector Spotlight page, or click this link to look at on YouTube. You may as well try the video on the StockCharts TV on-demand website StockChartsTV.com, or on the related app on cellular platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fireplace TV and Chromecast.
Sector Highlight airs weekly on Tuesdays at 10:30-11:00am ET. Previous episodes may be discovered here.
#StaySafe, -Julius
Julius de Kempenaer
Senior Technical Analyst, StockCharts.com
Creator, Relative Rotation Graphs
Founder, RRG Research
Host of: Sector Spotlight
Please discover my handles for social media channels beneath the Bio beneath.
Suggestions, feedback or questions are welcome at Juliusdk@stockcharts.com. I can not promise to reply to each message, however I’ll definitely learn them and, the place fairly doable, use the suggestions and feedback or reply questions.
To debate RRG with me on S.C.A.N., tag me utilizing the deal with Julius_RRG.
RRG, Relative Rotation Graphs, JdK RS-Ratio, and JdK RS-Momentum are registered logos of RRG Analysis.
Julius de Kempenaer is the creator of Relative Rotation Graphs™. This distinctive methodology to visualise relative energy inside a universe of securities was first launched on Bloomberg skilled providers terminals in January of 2011 and was launched on StockCharts.com in July of 2014.
After graduating from the Dutch Royal Navy Academy, Julius served within the Dutch Air Pressure in a number of officer ranks. He retired from the navy as a captain in 1990 to enter the monetary business as a portfolio supervisor for Fairness & Regulation (now a part of AXA Funding Managers).
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