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ETFMG Prime Cyber Security ETF (HACK)

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ETFMG Prime Cyber Security ETF   ( HACK ) The   ETFMG Prime Cyber Security ETF   ( HACK )   has slumped 28.27% from Jan. 2022 to the present, though it has shown some signs of life over the past two months. After hitting a new low for 2022 on Oct. 13, HACK bounced 14% (which outpaced NASDAQ’s 9% bounce in that same time). It hit resistance at about $47.50 on Dec. 1 but seems to have found some support around $42.60. This chart, like many stocks as of late, doesn’t look so hot. But check out HACK’s past three years… That tells a somewhat different story. You can see where cybersecurity stocks were headed before inflation, bond yields, and interest rates dragged on the market this year. But the underlying trend hasn’t changed. The odds that cyber threats will decrease in the coming years are, to quote Muhammed Ali, “Slim, and none. And Slim just left town.” HACK and cybersecurity stocks are likely to return to previous highs and then some.
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iShares MSCI USA Momentum Factor Fund (MTUM)

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  iShares MSCI USA Momentum Factor Fund (MTUM) Looks like a bottom is in, but need to wait for the 200 DMA to be lower than the share price. Take a look at the iShares MSCI USA Momentum Factor Fund (MTUM). This fund tracks an index of large- and mid-cap U.S. stocks that show relatively higher price momentum. Right now, it's telling me the downtrend in stocks is intact... The black dashed lines from the highs mark the series of lower lows and lower highs. Yes, in late March, this fund broke the downtrend. But this was a false breakout... and really, it was a trap for bulls. After that failed rally, MTUM made a   new low   earlier this month. Also note that MTUM couldn't muster up enough energy to rally above the important 200-day moving average (200-DMA) in red. This was a warning of continued weakness. So, using trend-line analysis on this fund gave us a bearish signal. But as I often tell my subscribers, you can't just look at one market, like the S&P 500 Index, and ...
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Communication Services Select Sector SPDR (NYSEARCA: XLC).

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  t’s one of the oldest pearls of wisdom on Wall Street, and for good reason. You see, often the sectors that have been bloodied the most one year are the ones that come back the strongest the next year. So, with this bloody notion in mind, I present to you the   Communication Services Select Sector SPDR (NYSEARCA: XLC) .   XLC tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index. The Communication Services Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Communication Services Select Sector Index.   It seeks to provide an effective representation of the communication services sector of the S&P 500 Index and to provide precise exposure to companies from telecommunication services, media, entertainment and interactive media and services. It also allows investors to take strategic or tactical positi...
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