FYI: Chinese shares rallied yesterday on hopes that MSCI would include onshore Chinese listings in its global indices. Biotech continues to trade well over the last few days as do mid-cap and small-cap growth stocks. Gold remains the most painful trade at the moment with the 7 worst performing ETFs we track over the last week all involving some kind of gold exposure. Finally, notable: the two most overbought ETFs we track are both short volatility products that are basically inverse VIX funds.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-us-sectors-groups-53116/