Technology Select Sector SPDR ETF (:XLK)

Chart of the Day December 8th, 2022

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XLK Weekly Chart

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  • natural: Is there a 2x or 3x $XLK out there?
  • Docoof: @natural $XLK Yes, $TECL 3x
  • natural: @Docoof $XLK $TECL. Many thanks, Doc.
  • bigbartabs: @Docoof $NVDA ... here's the thing to consider when buying and selling single stocks... can I get the same chart trajectory with less risk, than piling into a single stock? In the case of NVDA, there was (and very often is). Look at a daily chart ...
  • scottrades: ...
    Some of the sectors that are near the highs and worth watching are: $QQQ, $IGV, $XLK, $SMH, $HACK, and $URA.

    In Cryptoland, we're still waiting for the news on the Bitcoin Spot ETFs, which could be approved anytime between now and January. This cou ...
  • scottrades: My notes: $SPY/$QQQ Is this a lockout rally? $DIA Above the MAs $UUP Under the 8/21 but for how long? $TNX On the 50 Day $TLT Support at 82 $SMH Volume drying up $XLK Lockout $GLD At the 21 EMA $GBTC Nice buying into the close $ETHE Working but low volume $ADBE Breakout $AAPL Working $MSFT Wow.. $UBER VOLUME! $AMD Watch for a PB $INTC Working $NVDA at resistance $TSLA Watch 227 $MSTR New 52 Week High $COIN Working $CLSK Low Risk entry near the 200 Day $PLTR Clear resistance $NOW Not an ideal close. $CRWD At 192 $EDU Trending *CHINA STOCK* $AI Near the 200 Day
  • vitoB: @Auto $ON I’ve taken off what I added an hour ago. And I’ve been selling my $CLSK. It bothers me that $XLK is underperforming. Prob anxiety over $AAPL earnings but $GOOG and $META seem to be the funds that are going to any broadening positions. I bought some $META at 310. But this market is very fickle. And the past Fridays have taught me to lighten up before the weekend early.
  • phgruver: $XLK is right up against the down sloping trendline. It looks good, but it's got to get above $170 to be a breakout. It could easily turn at $170 and head back to the bottom of the channel. Missed the move off the bottom, but it's too risky to take a position here....
  • scottrades: My notes: $SPY / $QQQ Are we back? $UUP Lower $TNX Watch for whipsaw $TLT Great volume $SMH At the 50 Day $XLK Top of the range $XRT Mentioned Tuesday $GLD Holding the 8EMA $GDX Suuport at 22.60 $GBTC Working $ETHE Short base $XLE Holding the 200 Day $ARKK Good volume $MSFT Short trend $AMD Keep watch $NVDA Channel $TSLA at the 200 Day $V Above the 50 Day on good volume $INTC Watch 39 for resistance $META Above the MAs $ANET working $FTNT Crushed after earnings $CRWD Watch for a dip tomorrow $AI Good volume today $LULU Support at the 50 Day $RACE Gap and Go $MSTR Bitcoin Down but Crypto Stocks up $CLSK Great olume $RIOT Earnings next week $MARA Earnings next week $COIN Whippy after Earnings
  • scottrades: My notes: $SPY Nothing good happens under the 200 Day $QQQ Still above the 200 Day $VIX Above the MAs $UUP Headwind $TNX Watch for a PCE Reaction tomorrow $TLT Trying to bottom $GLD Holding up above the MAs $GDX Bouncing around the 50 $XLK Above the 200 Still $XRT Support at 57 $GBTC Still in trend $ETHE Gap fill $AMZN Watch tomorrow $MSFT Above the 50 Day $META At the 100 EMA $COIN Near the 50, Earnings coming up $MSTR Still above the MAs $NVO Dan added this to the ATL. Earnings Nov 2 $FRO In a base $EQT Big Green Candle $TW New High
  • scottrades: My notes: $SPY At the 200 Day $QQQ Still in the channel $UUP Flag $TNX Still in an uptrend $GLD Trying to firm up $GDX Don’t lose sight of it $URA Holding the 50 Day $XLK Channel $XLE Down $GBTC There is no second best. $ETHE Last week’s COTD $BITO Want to see it hold the gap. $COIN Gap up $MSTR Held the gains $MSFT Beat $GOOGL Not a great reaction $META Earnings tomorrow $NVDA Holding the 100 EMA $SNAP Crackle, Pop? $APPL Holding the 200 Day $AMD At the 200 Day (Earnings Oct 31) $ADBE At the 50 $CRWD Holding the 21 EMA $V 25B Buyback $RIOT Use the 50 Day $CLSK Not a great close $MARA Mixed Shelf
  • oldtimer: @bigbartabs $FLR $RUTAX $UNG $XLE $BOIL $XLV $CURE $ITA $DFEN $XLRE $DRN $XLI $DUSL $ERX $XLF $FAS $FNGS $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA thankyou for getting back to me
  • bigbartabs: @oldtimer $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA ... no problem. No system is perfect... but I've found that finding a process that matches up with what the majority / herd of seasoned traders stay within, is what you can depend on most. Finding that process is the key. The sad part is that it usually takes a lifetime to figure that stuff out! I've been trading for around 20 years now... and still feel like an idiot at times. Good luck... all the best...
  • bigbartabs: @oldtimer $FLR $RUTAX $UNG $XLE ... @oldtimer ... Of those pairs that I tend to track $UNG/$BOIL $XLV/$CURE, $ITA/$DFEN, $XLRE/$DRN, $XLI/$DUSL, $XLE/$ERX, $XLF/$FAS, $FNGS/$FNGU, $XOP/$GUSH, $XBI/$LABU, $ITB/$NAIL, $GDX/$NUGT, $XRT/$RETL, $SMH/$SOXL, $XLK/$TECL, $XLY/$WANT ... only $XLE $XOP are close to being above the 8dema. Also, $UNG is tough, since it doesn't correlate well with 3x $BOIL I always track the 4 index pairs... $DJI/$UDOW, $SPX/$SPXL, $NDX/$TQQQ, $RUT/$TNA... of which none are even close to the 8dema. The only one that could be worth starting a position is $DJI, that bounced off of the 200dma. All the best...
  • DAN: ...
    $XLK -- Very toppy.
    $AAPL -- Short here, with a stop at 181.00
    $IGV -- positive action here

    $NFLX -- Chtr/Dis agreement not good for NFLX. Ad business will “take some time”. Need more balanced revenue. Move out of “premium&rdqu ...
  • DrScience: $SPY $QQQ While NASDAQ stocks are pushing higher on strength in $XLK, the broader market is stuck in lower end of the $449-453 range and making a lower high intra-day, retesting VWAP, and has long top wicks on the hourly chart. Caution day timeframe longs. Chop! Chop!
  • Docoof: @DrScience $SPY $QQQ $XLK Fwiw, $TECL = 3x $XLK.
  • bigbartabs: @Docoof $SPY $QQQ $XLK $TECL ... I used to focus on $TECL for my leveraged tech ETF. However I've moved to $FNGU in the last year... since its performance is so much better. I use $FNGS for my alerts... then buy sell $FNGU. FWIW... all the best...
  • Docoof: @bigbartabs $SPY $QQQ $XLK $TECL $FNGU $FNGS Thanks. It’s worth a lot. I appreciate any and all the help I get from the forum. I actually read through years of your posts to learn how to trade the triple leveraged ETFs. But there is one point that I could not figure out: Is it your strategy to rotate in and out every day with 1/3 of the position size you’ve allotted to a 3x ETF because of settlement date (T %2B 2) type issues? I think I understand what you do, just not why you bother doing it instead of just holding when it’s working fine. I hope that makes sense.
  • bigbartabs: @Docoof $SPY $QQQ $XLK $TECL $FNGU $FNGS ... I don't necessarily limit my buys and sells to a day (in fact, rarely buy and sell the same day). Over the years I've heard many 3x traders say that you have to reset every day. I've never found that to ...
  • Docoof: @bigbartabs $SPY $QQQ $XLK $TECL $FNGU $FNGS It makes sense and thank you for responding. One of them, and I can’t remember which one, does belong in the category of, more or less, no correlation at all. But, since, after all, I’ve learned about trading these from reading so many of your posts, I do look at it the way that you expressed above. Thanks again.
  • scottrades: $XLK Still strong
  • Docoof: @scottrades $XLK — $XLI The same.
  • scottrades: My notes: $SPY/$QQQ Trend is up $UUP Above the 200 Day $TNX - Fed Members are signaling no need for a hike. $IWM Holding the 8 EMA $SMH Backtesting the highs $ARKK Holding the 8 EMA $IGV Working $XLK Working $XHB Back near the 2022 Highs $HACK Cyber Security breaking out $XOP Working $DBC Building a handle $BLOK Holding the 21 EMA #Bitcoin - Less Volatile than S&P Tech and Gold $META Flagging $MSTR Earnings $AMD Earnings $PLTR Working (Eanrings August 7) $CRWD Mentioned in the forum $ADBE Holding the gap $WDAY Working on dropping volume. $MRVL Holding the 8 EMA $LSCC Power move $MPWR Power Move $AVGO Holding the 21 EMA $RIOT Holding the 21 EMA $MARA Same $ONON Working. $PANW Curling up
  • scottrades: ...
    Most SPDR ETFs are above all their key moving averages, which gives me, and should give you, confidence in this market. If only one or two sectors were in uptrends, we would be worried, but the strength in things like $ARKK $XLK $SMH and subsequent ...
  • bigbartabs: @vitoB $SOXL $AMAT $KLAC $LRCX $ASML ... something to watch when having significant pullbacks... is to watch for a shallow pullback to the 8dema (day), looking for a bounce... but also with bigger pullbacks (like today) a deeper pullback to the 8wema (week). Example... today both the $SMH and the $XLK did so and bounced. Algorithms seem to like those points to reverse. FWIW...
  • scottrades: My notes: COTD: Don’t sleep on this Breakout from $TPX $SPY Going sideways $QQQ Resting $IWM Nice recovery $DIA Holding the 50 Day $OIH Extended $SMH Holding the 21 EMA $XLK Great volume $IGV Look at the volume $ARKK Working $BLOK Going $BITO Watch the 50 Day $DT Nice recovery $SQ Mentioned this morning $META Fine $FTNT Nice volume $DKNG Good follow through $TPX Mentioned by Dan $ADBE Volume pick up $CRM Holding the 50 Day $TMDX Close to the highs $ACLS Holding the 21 EMA $AMD Bounce off the 50 Day $ON Trending $MRVL Pinching $MPWR Close to long-term resistance $MSTR Up 20% Since Dan was on Fox Biz $RIOT Working $MARA Same $COIN Still good $WULF Gone Para! $CLSK Same
  • scottrades: My notes: $SPY Highest level since August $QQQ Working $DIA Through the 50 Day $IWM through the 200 Day $SMH In consolidation $XLK Working $ARKK Starting to come out of a base $GLD Not so much $BLOK Bitcoin Miners trying to move out of the base $TSLA Holding above the 200 Day $NVDA In consolidation $AMD Same $RMBS Same $ON On Watch $AEHR Working $AAPL Still fine $GOOGL In a base $MSFT Fine $DT Long $RELY Long $DKNG In trend, Good Volume $DOUL Off the 8EMA $ARRY Do you dare? $RIOT Following Bitcoin, sorta, but not really $MARA Same $CLSK Sloppy $HUT Slow
  • cmaxwel1: @scottrades $SPY $QQQ $DIA $UUP $GLD $SMH $IGV $XLK $DRIP $NVDA $AMD $TSM $RMBS $LRCX $AMAT $ACLS $KLAC $ON $AAPL $META $MSFT $TSLA $RIOT $MARA $ASML is breaking out of a cup pattern.
  • phgruver: @scottrades $NVDA $SMH It's also helping tech. $QQQ, $XLK
  • scottrades: My video notes: $SPY Awaiting a deal $QQQ Breaking out $DIA At the 200 Day $UUP Popping $GLD Breaking down $SMH Leading the market $IGV Near the August 2022 Highs $XLK Working $DRIP Inverse Energy $NVDA ATH $AMD Following $TSM Biggest Daily Volume ever $RMBS My biggest position $LRCX Working $AMAT Also working $ACLS Cup & High Handle $KLAC Breaking out $ON Support at the 50 Day $AAPL Holding the 21 EMA $META Trending $MSFT The AI Trade is on. $TSLA Under the 200 Day $RIOT Holding the 50 Day $MARA Close to the MA cluster.
  • scottrades: ...
    $XLK
    $XBI
    $BLOK

    Dan added $ARKK to the Active Trades yesterday, and it had been in a short base for the last two weeks and now is trying to break higher.

    There are a few individual stocks that are potentially actionable here as well.

    $LSCC Tight ...
  • scottrades: $XLK Trying to break higher.
  • DrScience: #Markets $SPY $SPX The /ES (E-Mini Futures) made a 35-point run this morning, mostly on the strength of NASDAQ stocks in $XLK, $XLY, and $XLC sectors. Without $XLV and $XLF participation, Mr. Market tried to test the bears resolve, but backed away 7 ...
  • DavidK: @DrScience $SPY $SPX $XLK $XLY $XLC $XLV $XLF #Markets well , I am short $QQQ , $IWM and $NVDA. I sold my calls on $ NVDA at the close yesterday . Should have waited as CEO was on CNBC pumping his stock yesterday . Had to add as I got it a little early . Big boys are setting up small fires for the slaughter .
  • champ: @DavidK $SPY $SPX $XLK $XLY $XLC $XLV $XLF $QQQ $IWM $NVDA #Markets.....Yes and everything we do is about #timings, both In and Out.....and thats Exactly why I'm here and also Why I'm on other websites.....because I work all of my Entries and Exits off of timings, off of #News. ....The better my on-time News-info is, the better my profits are. And IMO, as aways, Traders are at Work...... ....and I'm seeing #positive-News-flow for the Markets.......however Traders are always going to zig-zag the markets, always, over and over. So for Now, opportunities will keep popping-up and so will the zig-zags. IMO.
  • DavidK: @champ $SPY $SPX $XLK $XLY $XLC $XLV $XLF $QQQ $IWM $NVDA #Markets #timings #News #positive-News-flow sounds like what I try to do . I didn’t do my homework on NVDA ceo on yesterday . I am usually better than that . Markets are being juiced upwards . Be very nimble . When it falls it happens fast . Commercial real estate / banks exposure being overlooked . It’s gonna be ugly just not sure how much longer they can keep pushing this into the future .
  • bigbartabs: @DavidK $SPY $SPX $XLK $XLY $XLC $XLV $XLF $QQQ $IWM $NVDA #Markets #timings #News #positive-News-flow ... same with $TQQQ... I've been building a position since 5/12. now a big one. This has been a heckuva run.
  • scottrades: My notes: $SPY Great volume - Actionable $QQQ Like the increase in volume. $IWM Thought th 50 Day $SMH Trying to break out $XLF Volume though the 50 Day $XLK New 2023 High $XHB Close to a pivot $BLOK Crypto Trade $MSFT Working $GOOGL Working $AMZN Extended $AAPL In trend $TSLA Watch for a move through the 50 Day $NVDA Closed above 300 $AMD Working $AMAT Upgrade $ON Upgrade $RMBS Working $AVGO Breaking Out $MARA Back above the 8EMA $RIOT Same $NFLX Added to the ATL
  • Geewhiz: @scottrades $SPY $QQQ $IWM $SMH $XLF $XLK $XHB $BLOK $MSFT $GOOGL $AMZN $AAPL $TSLA $NVDA $AMD $AMAT $ON $RMBS $AVGO $MARA $RIOT $NFLX one of the best strategy sessions in a while. Lots of training, opportunities to look for and crisply done. An Oscar for @scottrades.
  • scottrades: My notes: $SPY CPI Tomorrow $QQQ CPI Tomorrow $UUP CPI Tomorrow $GLD CPI Tomorrow $GDX CPI Tomorrow $BITO CPI Tomorrow. $SMH In a base $XLK In trend $IBB No correlation to rates $BLOK Fine $XHB Working $GOOGL Unable to hold the breakout $AMZN At the 200 Day $AAPL Support at the 21 EMA $MSFT Basing $DHI Working $MHO Working $TOL In trend $MARA At the 200-Day Earnings Thursday $RIOT Watch Earnings $MSTR Watch with CPI Tomorrow $LVS Working $WYNN Nice base $CTAS Watch 468 $CCJ Uranium
  • Docoof: @scottrades $SPY $QQQ $UUP $GLD $GDX $BITO $SMH $XLK $IBB $BLOK $XHB $GOOGL $AMZN $AAPL $MSFT $DHI $MHO $TOL $MARA $RIOT $MSTR $LVS $WYNN $CTAS $CCJ Is CPI Tomorrow?
  • scottrades: My notes: COTD: Canada’s Baseball Monopoly $RCI $SPY In trend $QQQ Same $UUP Headwinds $GDX In Trend $GLD Low Volume today $BITO Ex Divy Day $SMH Watch this Space $XHB Still working $XLK Still in trend $XLP Near REsistance $KRE Still not where you wanna be $BLOK Good, considering the red in Bitcoin $AMD Beast Mode $AVGO At the 50 Day $NVDA Still good. $ON Holding the 50 Day $MSFT In trend $GOOGL Break of the flag $AMZN At the 200 Day $LEN In trend $MHO Same $MAS Flag $DHI Holding the 8EMA $NKE Still on watch $ONON in trend $LVS Holding the 21 EMA $WPM Fine $GOLD at the 8EMA $AEM In trend $EGO Same $MARA At the 200 Day. Earnings this week $RIOT Earnings tomorrow
  • scottrades: My notes: $SPY 403 Short-term support $QQQ Watch the 21 EMA $UUP Downside reversal $GLD Gold likes a weak dollar $GDX Great volume $XHB Still in trend $XLK In trend $XLP Clear Resistance $XLE Yikes $KRE Banking Crisis doesn’t seem to be over $BLOK Clear Floor $AMD Earnings $GOOGL Flag $AMZN Watch Today’s low $CRM Watch 200 $DHI Short base $LEN Short Base $MHO In trend $LCRX Long base $LVS In trend $NKE Holding the 21 EMA $WPM Earnings Thursday $GOLD Earnings tomorrow $AEM Great volume $EGO 7% from the 2022 High $BITO Holding the 50 Day $MARA Volatility is a Feature, not a Bug
  • scottrades: My notes: $SPY Holding the 50 Day $QQQ Trend is up $GDX Lots of Earnings Next week $XHB Holding the 21 EMA $XLY MAs stacked $XLK Holding the 50 Day $XLC Trying to break out $IBB At the 200 Day $BLOK Holding the MAs $BITO Support at the 50 Day $AMZN Earnings $AAPL At resistance $META Earnings Gap $MSFT Working $GOOGL Watch 109 $NKE Mentioned in COTD $MARA Support at the 200 Day RIOT Holding the 21 EMA $HUT Low Dollar Miner $COIN Lagging $CRM Holding the 21 EMA $ULTA Holding the 21 EMA $MHO Holding the 21 EMA $TOL Watch yesterday's low $LEN Same
  • DrScience: #Markets $SPY very mixed to start the week. A/D line is positive, but breadth is lackluster. The 4080 level in $SPX is again where the battle line is drawn. Early strength is threatening to turn back lower as heavyweight sectors $XLK and $XLV are dragging against lightweight sector strength in $XLB $XLE and $XLI.
  • scottrades: My notes: $SPY Still in an uptrend $QQQ Same $DIA Flagging under resistance. $GLD Strong Trend $GDX Watch for an entry $SMH Above the 50 Day $XLF Under the main MAs $XLK Still in an uptrend $ARKK See the slope? $BITO Above the 21 EMA $AAPL In trend $GOOGL Great volume $AMZN Above the MAs $META Working $TSLA Lower High $MSFT Just under the August Highs $COIN At the 200 Day $GOLD Still in trend $NEM Strong hourly trend $RGLD New High $NET Back above the 50 Day
  • DrScience: #Markets $SPY double bottom at 395.50 on 5-min chart at Noon. Of course, it's lower than the triple bottom at 396 just 45 minutes before. What does it mean? Pshew! I don't know. Mr. Market wants to be bullish, but only $XLE, $XLU and $XLP are higher than the open. Everything else is under water, gasping for air. If $XLK and $XLV can stage a rally, then they could pull $SPY back to retest the open at 398, but VWAP stand in the way. Acceptance above 398 doesn't change today's neutral tone much, but a move above the 399 double top does, at least, until we slam into the 50 DMA at 400. That's where the bears are lying in wait! And... there you have it.
  • Docoof: @DrScience $SPY $XLE $XLU $XLP $XLK $XLV #Markets Thx.
  • woodman: $SMH $TAN $XLK in freefall. So many others on the precipice. $ARKK - Wood has to be relieved that it can't go lower than 0.
  • Rockstar: ...
    The sectors I am focusing in on long are $XLB, $XLE, $XLI, $XLP, $XLV, $XME and $ITB. The market has lost the $XLF, $XRT, $XLK,$SMH and certainly the FANG stocks. Months ago we were discussing how in a bearish market the bears hunt for the weakest ...
  • scottrades: My notes: $SPY 390 Support $QQQ Support at the 50 Day $DIA Support at 334 $GDX Bumping against the 200 Day $XME Going sideways $SMH Good strength but ceiling overhead $IGV At the 50 Day $XLK Flag $TAN No real direction $XHB Above the 200 Day $IBB Support at the 21 EMA $BITO Some volume today $NFLX and chill with Harry and Megan? $CELH Mentioned in the COTD $DKS Coming out of a flag $CPRX Sideways $DE Testing the highs $LSCC Holding the 8EMA $NVDA Watch the 200 Day $ON Above the 8EMA but still a bit loose $AMD Support at 69 $KLAC Base $AMAT Holding the 200 Day $ACLS Near the highs $AMGN Flag
  • issues: @scottrades $SPY $QQQ $DIA $GDX $XME $SMH $IGV $XLK $TAN $XHB $IBB $BITO $NFLX $CELH $DKS $CPRX $DE $LSCC $NVDA $ON $AMD $KLAC $AMAT $ACLS $AMGN Thank you Scotty but I have not yet received the video and I do like hearing it instead of seeing these figures. Please SEND it to me, ok?
  • DrScience: #Markets $SPY $SPX the broader market is trading in a narrow range -- 30 points -- for the current volatility environment. Breadth is strong with stocks 5.6:1 positive on the NYSE and 5.5:1 on the NASD. TICKs support the strength from the open, but sectors are 9:2 in the red. So, for now, the takeaway is that the bears aren't too interested in getting into the game while bulls aren't sure whether their secret weapons will be ready for a run up into Turkey Day. It will be hard for bulls to get further traction unless they can get behind $XLK, $XLV, and $XLF (sectors comprising 51% of the $SPX) to push together over the $SPX 4030 level.
  • phgruver: Anecdotal evidence in support of what @Dan was saying in the weekend update: My TD investment account, which is #VALUE oriented and somewhat defensive is out performing my Fidelity RollOver IRA which is somewhat tech heavy. The outsized influence of $AAPL, $MSFT and $NVDA cannot be overstated! They are 50% of the $XLK, 26% of $QQQ, 40%+ of $FTEC, and so on. They are some of the most over-owned stocks in the market. True diversification is getting away from those big dogs, not buying more funds that have significant holdings in them. (mea culpa)
  • phgruver: @phgruver $AAPL $MSFT $NVDA $XLK $QQQ $FTEC #VALUE As a supplement to the previous, $AAPL and $MSFT are over 12% of the $SPY as well! ...and further, $AAPL and $NVDA comprise over 13% of the $SMH....
  • DrScience: #Markets $SPY $SPX having trouble getting lower as the few positive $TICKs are keeping the bulls in the game at the 10:30 reversal period. Breadth is negative on NYSE and NASD, but unremarkable. Sectors are 6:5 positive, but the notable weakness in $XLK is confirming weak breadth in the overall outlook. $SPX has been rejected in every attempt, so far, to push above VWAP. If the market can move above VWAP and hold, expect the change in tone to bring in a few more buyers willing to push the market back toward 3900. But, if the LOD is taken out, expect a drift down to 3800.
  • Docoof: @DrScience $SPY $SPX $TICKs $XLK #Markets Helpful, as usual. Thx
  • phgruver: @champ $XOP $XLE $OIH $XME $TECK $Teck $OXY $SM $SD $SWN $VLO $PBF $AMR $HNRG #Correction #Coal #chasing Y'all are arguing over the same thing from 2 different sources. VanEck and State Street Global Advisors offer their own versions of, essentially, the same investment. One isn't significantly better/different from the other, so either will produce much the same results. I faced a similar dilemma when I began to feel $QQQ was getting too expensive, so I switched to $XLK. I got a lower price point with substantially the same underlying investment.
  • champ: @phgruver $XOP $XLE $OIH $XME $TECK $Teck $OXY $SM $SD $SWN $VLO $PBF $AMR $HNRG $QQQ $XLK #Correction #Coal #chasing.....For me I always Need #positive-reasons to hold, any stock positions or ETF's....I always post #my reasons Why....others can also post their reasons Why..... This is what is going on...... and thats #Exactly-Why we are all here,...is to see #other Forum members reasons Why. LOL
  • phgruver: $IJR, $IWM, $QQQ, $SPY, $XLK All have heavy volume, but not much price movement. Basically, nothing to do ... again .... I'll check back around lunch time.
  • scottrades: ...
    $XLK Basing under the 200 Day
    $XLE Energy on the move
    $DBC Middle of the range
    $ARKK 3 Days down
    $TAN Still consolidating
    $XME Flag?

    #Bitcoin / #Ethereum Meh.

    $ON The move (see what I did there)
    $NVDA Support at the 21 EMA, still going sideways
    $ ...
  • phgruver: ...by the way, I just popped in to say that I'm not seeing anything to do today. Everything I'm watching just seems to be taking a breather today. I track $IJR, $IWM, $SMH, $SPY, and $XLK pretty closely, and they are all acting about the same. Now, my LT account, which I don't trade, is actually doing pretty well (look at $XLU, $XLF, $XLV for clues there.)
  • Rockstar: ...
    If you are looking at sectors to be long you might wish to focus on $TAN (pullback), $XLK, $XLU,$XLE,$TLT, and $SMH. There are individual stocks as well such as $TSLA,$AMD,$ON (after earnings today), $UNH, $LNTH,$XOM ,$OXY,$HSY, and maybe even $P ...
  • Rockstar: ...
    On the long side there is $XLV, $TAN, $XLK, $TLT, $IWM as well as a few other sectors. I am holding off going long on $TAN and $ENPH as $ENPH has earnings this week. $XLE, copper, the grains, and commodities as a whole have been declining, and I hav ...
  • Rockstar: @Rockstar $DXY $HYG $SPY $XLV $TAN $XLK $TLT $IWM $ENPH $XLE $XOM $META $FANG $VLO $STLD I typed this part backwards. An inverted yield curve is when short term rates are higher than long term rates. Sorry for any confusion
  • DrScience: #Markets $SPY No negative TICKs so far this morning. $XLK, $XLY yet to move above open - they are trying... Bias currently bullish. When (or if) these 2 sectors turn, bears should look for cover. Coming up on the 10:30 reversal period and R1 pivot point. Intra-day traders tighten up your long stops.
  • DrScience: #Markets $SPY Nope! It isn't Christmas in July! Consumer Staples ($XLP), Utilities ($XLU), and Real Estate ($XLRE) are the only green sectors since the open. The two heavyweights, Technology ($XLK) and Healthcare ($XLV), are red. Until those two sectors start pulling toward the upper right, expect the bears to reassert their presence at every test of VWAP. $TICK is showing bearish intent and Breadth is firmly negative. Until those dynamics and tone change, the market is in the doghouse. The $VIX is up $1.40 over yesterday's close, and the slight reprieve in $DXY has been negated as the US Dollar Index is hitting a new high at $109.294.
  • rck89: @DrScience $SPY $XLP $XLU $XLRE $XLK $XLV $TICK $VIX $DXY #Markets So where are you looking for a bottom - short or long term? I know an impossible question, but just thought I'd ask. Thanks.
  • scottrades: My notes: $SPY Time to Reset the Rally Count! $QQQ Downside Gap Fill $UUP Above the 8EMA $TNX Consolidating $QID Holding the 50 Day….sadly bullish $SDS Watch 49.50 $XLE Up today but not a clean entry $DBC Trying to firm up $WEAT Nope $SMH Not yet $IGV Low volume rejection at the 50 day. $XLK Low Volume pullback. $ARKK Speed Bump at the 50 Day $TAN Pullback at the 200 Day $KWEB Even China is pulling back today $AMZN Unable to get above the 50 Day $ZM Under the 8EMA $GOOGL Same $AAPL Same $TSLA Same $QCOM Still bumping against the 50 Day $AMD 79 needs to hold.
  • Rockstar: ...
    The Q"s just cannot get out of their own way. With rates increasing, there is a lot of headwind for these stocks. $XLK, $XLC,$XLY are the main components of the $QQQ's and they are not giving me the warm and fuzzy.

    Be careful out there as trad ...
  • DrScience: @bigbartabs $SPX The S&P Sector weightings show that $XLK represents 27.2% of the S&P 500, and along with $XLV, and $XLY make up over 50%. When those three sectors are in sync, they can really move the overall market -- up OR down! See sector weightings at: https://www.spglobal.com/spdji/en/indices/equity/sp-500/#data
  • bigbartabs: @DrScience $SPX $XLK $XLV $XLY #data ... yep. I keep hoping that the SP500 managers will calm down the amount of tech tickers. It has made the SP500 index pretty tuff for non-traders to park their retirement accounts, for historic growth rates, trends, and returns.
  • BocaRick: $TNX 10 year now 2.820% up 4.95%, as rate goes up $QQQ and $XLK drop
  • DAN: ...
    $XLK -- Ominous weekly chart
    $TSLA -- This can fall a lot. Earnings in 14 days.
    $AMZN -- Not where you want to be.
    $MTCH -- shortable EXCEPT…It’s gone down too much. It’s just not buyable. Where’s the trend?
    $FB -- Buyable ...
  • DrScience: #Markets $SPY I'd like to see a move out of a Volatility Squeeze on 15-min chart above 455 to continue higher to retest 457. $XLK $XLC $XLY getting the love today; not so much for everything else.... Need some more participation from the other sectors.
  • DAN: ...
    $XLK -- buying this? Why?

    Stocks from this morning’s note:

    $CEIX -- printing a low handle. Watch this. It’s still setting up. Alert $31.70
    $RS -- Big move today on heavy volume.
    $BTU -- still setting up in a high handle. Weekly ch ...
  • DAN: Good morning. Futures are up a bit this morning after some great numbers by Google (GOOGL) and Advanced Micro Devices ($AMD)

    $GOOGL is up 8.88% from yesterday's close, and $AMD is up 11.4%. AMD is carrying $NVDA with it, as that stock is up more t ...
  • RM: @DAN $AMD $GOOGL $NVDA $XLK $SPOT Rickie is still at it.. https://youtu.be/7XPf_qb7NsM?t=1480
  • DAN: @RM $AMD $GOOGL $NVDA $XLK $SPOT Playing most of those chords right. Almost hitting those high notes. She still rocks!! 8-)
  • PRK: @DAN $AMD $GOOGL $NVDA $XLK $SPOT I've been wondering if "self driving' autos are to be programmed to only go the speed limit, and if so the auto pilot will probably be switched off most of the time. Can't even imagine all cars driving on the highway just going the speed limit.
  • marklesparkle: @DAN $AMD $GOOGL $NVDA $XLK $SPOT lolI knew that
  • joelsg1: @DAN $AMD $GOOGL $NVDA $XLK $SPOT Any $TSLA "recall" that is fixed immediately via over-the-air software update is as relevant as an $AAPL over-the-air security patch, Not.
  • DAN: @PRK $AMD $GOOGL $NVDA $XLK $SPOT No way I would ever use FSD technology. To be honest, I think it's the dumbest thing in driving right now. Sounds cool and aspirational. But I'm in So Cal. After about 45 years of driving in this hell hole, I've ...
  • phgruver: I was just switching the view on my charts, and at 30min interval, I get weekly pivot points. Interestingly, $SPY, $IWM and $XLK are all bouncing off the weekly S1 support level. As I said, interesting..... oops, sorry. Corrected to S1.
  • DAN: Good morning. The market is set to open much higher this morning after Microsoft's ($MSFT) conference call last night. The stock initially sold off after the raw numbers were disappointing. [Hard to see how the year-over-year quarterly numbers wer ...
  • champ: $GLW is up 12.85%, as of RHRN....$XLK....what sector is on first base today and what stock is up the highest today and thats the News that we all should know and if you don't know that News....then that could be one mistake that many could be making today...but there is more News,...a lot more News... ...$GLW is leading the tech sector today....
  • DAN: ...
    $XLK -- Failed 200-day MA test.
    $TSLA -- Down in AH trading.
    $ARKK -- Still leaking.
    $MSFT opened at $308 and traded down 3.15% from open. Gap and crap?
    $GOOGL -- up 3.5% and traded down 2%.


    Energy -- Weekly charts are breaking out. Investors -- ...
  • DAN: What's Working in a Bloodbath? A big market selloff like we've been experiencing will typically reveal the stocks and sectors that are strong...and are going to get even stronger when the carnage is over. Check the Energy Sector ($XLE).

    The $XLE ...
  • Ajax4Hire: So much of what I have(had) auto-sold via Stop-Loss over the last few weeks. Mostly in cash now and nothing looks good. Just back from "camping" on Fla peninsula where I ran away from cold/rain/sleet! Going to W.Disney World tomorrow with daughter and granddaughter tomorrow. I'm bummed my employees($DXY USD) are not working. And inflation eats that up. Nothing is green, nothing is attractive: $SPY $437.98 S&P500 ETF $XLK $154.33 TECHNOLOGY $XLV $129.47 SBI HEALTHCARE $XLY $180.42 SBI CONS DISCR $XLC $72.22 COMMUNICATION $XLF $38.20 FINANCIAL $XLI $101.20 SBI INT-INDS $XLP $75.96 SBI CONS STPLS; Maybe but boring. $XLU $68.84 SBI INT-UTILS; $XLRE $46.89 RL EST SEL SEC $XLB $84.04 SBI MATERIALS $XLE $62.45 ENERGY; Energy but also heading down. $XME $42.27 METALS MNG $XBI $90.03 BIOTECH $XRT $77.38 RETAIL
  • Jazman0013: @Ajax4Hire $DXY $SPY $XLK $XLV $XLY $XLC $XLF $XLI $XLP $XLU $XLRE $XLB $XLE $XME $XBI $XRT call it fools hope but the ugly open may lead to a wash out and a decent close. So much damage done though… glad I’m heavy cash too. Even the better trades were a lot of work the past couple weeks. Too much work.
  • scottrades: My notes: $SPY Lower Low $QQQ Nothing Good happens under the 200 Day $DIA is DOA. $SMH Heavy Selling $XLK On the way….to the 200 Day. Hey that Rhymes! $IYT Under the 200 Day. $XLU Nowhere to hide. $GLD Still ok good day for partials. $SLV Speed bump at the 200 Day #Bitcoin Nice pop but weak into the close. Gold Miners were Hot yesterday here’s how I would trade these $KL Still above the 50 Day $NEM Still above the 8EMA $GOLD Speed bump at the 200 Day $AEM Same. 200 Day Above $WPM Sloppy $FNV Watch for a weekly reversal at 139 Let’s go through the leaders… $AAPL Under the 50 Day $AMZN over 10% under the 200 Day $DIS Almost 20% under the 200 Day $NVDA Breakdown out of the channel $TSLA Rejection at the 50 Day Just for fun… $PTON If you know you know. $NFLX Bad Earnings.
  • DAN: ...
    $XLK -- 3rd day below 50
    $NFLX -- Blockbuster chart. Number of competitors continues to increase.
    $NVDA -- 4th close < 50dma
    $AMZN -- dead money
    $AAPL -- strongest FANG stock. The strongest are holding up, but there are few strong ones.
    $TSM ...
  • Cjauger: @DAN $SPY $DJT $IYT $WELL $AAWW $ARCB $DJUSRR $CSX $UNP $NSC $NCLH $RCL $CCL $XLK $NFLX $NVDA $AMZN $AAPL $TSM $TECK $FCX $XLE $MPC $OKE Thank you @Dan, take care and get well.
  • marklesparkle: @DAN $SPY $DJT $IYT $WELL $AAWW $ARCB $DJUSRR $CSX $UNP $NSC $NCLH $RCL $CCL $XLK $NFLX $NVDA $AMZN $AAPL $TSM $TECK $FCX $XLE $MPC $OKE @Dan get better my buddy
  • Momentariness: @DAN $SPY $DJT $IYT $WELL $AAWW $ARCB $DJUSRR $CSX $UNP $NSC $NCLH $RCL $CCL $XLK $NFLX $NVDA $AMZN $AAPL $TSM $TECK $FCX $XLE $MPC $OKE Great video yesterday BUT don't push yourself to get these videos out, get healthy first.
  • Rick_O: @DAN $SPY $DJT $IYT $WELL $AAWW $ARCB $DJUSRR $CSX $UNP $NSC $NCLH $RCL $CCL $XLK $NFLX $NVDA $AMZN $AAPL $TSM $TECK $FCX $XLE $MPC $OKE Thanks for pushing to get the great videos out, but please take good care!!! @scottrades and all members have been doing awesome jobs to keep this threads full of great information!
  • Pokersmith: @Jazman0013 $ENPH $NVDA Tech getting taken out to the woodshed see: $XLK
  • bRobert: @Pokersmith $ENPH $NVDA $XLK Higher. RATES. Reflex. algo. sells.
  • Jazman0013: @bRobert $ENPH $NVDA $XLK I’m keeping an eye on them. They may be compelling shortly
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Stock Price $208.37
Change -0.17%
Volume 2,540,280

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

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