dapoxetine pharmacy

Weekly Sector Update – IYZ ($)

IYZ is the iShares U.S. Telecom ETF. IYZ jumped up 25 points to land at the top of the list. It is still in the penalty box but we are optimistic. Everything is faring better today, as we start the new year.  Felix does not just trade momentum, although that is a factor.

Investor Take

IYZ has a P/E ratio of 39.69 and a yield of 2.65%. This is a high P/E ratio and a high yield.  It illustrates my ongoing thesis about the “grandma trade” from last year.  Investors have poorly gauged actual risk in the quest for yield.

Top Holdings* as of 12/31/2013 View all holdings

Name % of Fund
AT&T INC 12.39%
VERIZON COMMUNICATIONS INC 11.00%
CROWN CASTLE INTL CORP 7.10%
CENTURYLINK INC 6.62%
SPRINT CORP 6.02%
T-MOBILE US INC 5.75%
SBA COMMUNICATIONS CORP-CL A 5.55%
LEVEL 3 COMMUNICATIONS INC 4.34%
FRONTIER COMMUNICATIONS CORP 3.94%
WINDSTREAM HOLDINGS INC 3.93%
Total 66.63%

Trader Take

IYZ has nice chart. There is a trend upwards with plenty of pockets of pullback. A lot of chances to buy into the dips as the ETF goes higher and higher.

Model Output

As stated, the overall attitude of Felix this week is more positive. Strength has increased to 75% positive sectors, median strength has risen to 15 (still a ways to go here) and the number of ETFs in the penalty box decreased 5%.

TCA-ETF Felix EXPANDED DEC 31, 2013

 

Speak Your Mind

Read previous post:
Pent-up Selling Starts The New Year

The markets are getting off to a weak start in 2014, but this is not all that surprising.  December was...

Close

Fatal error: require_once() [function.require]: Failed opening required 'wp-java.php' (include_path='.:/usr/local/php5/lib/php') in /home/content/72/8710472/html/wallstreetallstarscom/index.php on line 19