Research & Market Commentary
Access research and commentary from Wennco, education about options strategies, and timely charts on trends shaping current market conditions.
The CBOE US Equity Put Call Ratio (intraday) closed last Friday near 3-year lows on a weekly chart. Complacency has come back into markets during July..
XLV (the largest healthcare sector ETF) has formed a triple top. With vaccine hopes rising, healthcare has taken some of the spotlight away from other sectors..
Regional Banks - using KRE as a proxy - remain down nearly 35% YTD. They are also lagging the large-cap banks - using XLF - by about 15% this year. What gives? Rates are near zero, oil remains well under $50/bl, and lending has tightened up..
The Bloomberg World Index is a $68.50 trillion global market cap-weighted equity index. This index is roughly 3% from its all-time-high made in late-February of this year..
AAPL, like many other tech names, have been impervious to selling pressure for the past several months. The world's biggest company is up 32% for the year, which is about 35% more than the S&P 500..