We publish a lot of market-related content each week, and we want to make sure you don’t miss the most important topics.  Below are some charts and tables we view as “can’t miss” from the last week.  

Our first charts show the one-year trading ranges for the S&P 500 and the Technology sector, which has led the broader market. Both have maintained a strong upward trajectory, but they’re now trading at extreme overbought levels to a point where we’d expect to see some downside mean reversion soon.

The tech-heavy Nasdaq 100 ETF (QQQ) is up 16.5% YTD driven by a handful of mega-caps. However, the Nasdaq 100 Equal Weighted ETF (QQQE) is up just 4.1% YTD in comparison. The high-flying QQQ traded to new all-time highs and way more above its 50-DMA than QQQE which hasn’t made a higher high since late March.

To continue reading the rest of this week’s “Can’t-Miss” analysis, which includes another dozen or so important market-related topics, start a two-week trial to Bespoke Premium today!  With a two-week trial, you’ll also receive our daily research in your inbox as it gets posted.  Go ahead and give it a try by signing up at this link.

Have a great weekend!

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