Welcome to Capital Essence

Sign up for a FREE MEMBERSHIP to read tons of free content. Take a 30-DAY Trial Offer to access premium research and trading strategy. Check out our Investment Blog for the latest trading/investment ideas. If you want to go beyond the latest numbers, our Market Outlook will tell you why the market does what it does and what it means for the next day’s trading.

Trading Strategy – iShares Dow Jones US Telecom ETF

  One of the more noteworthy developments in recent days has been the move in telecoms. After a strong run of outperformance since mid-November, the iShares Dow Jones US Telecom ETF (IYZ) rolled over Tuesday, fell 2.16 percent to 29.49, bringing its YTD lost to more than 14 percent, underperformed the S&P by a wide …[read more]

Trading Strategy - iShares Dow Jones US Telecom ETF

The major averages followed Wednesday’s decline with another round of selling Thursday amid another disappointed batch of economic data and some mixed earnings reports.  The S&P 500 slightly undercut key technical support at 1543, shed 10.40 points to finish at 1,541.61.  The Dow Jones Industrial Average slumped 81.45 points to close at 14,537.14.  The NASDAQ …[read more]

Archives

Translate this Page