🔥🔥 Best ETFs to invest in now: Tech, Brazil, Semis
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TOP ETFs to invest in:
TECHNOLOGY SELECT SECT SPDR poised to rally +11.6% rally in 3 months
ISHARES MSCI BRAZIL ETF sets up for +8.2% rally in 1 month
VANECK SEMICONDUCTOR ETF poised to seasonally rally by +7.2% during the next 60 days
For more investment insights, please visit us at www.LongShortBets.com
(1) Score 8.8 (out of 10): TECHNOLOGY SELECT SECT SPDR poised to rally +11.6% rally in 3 months
What’s Going On Here?
Technology companies are being re-evaluated as US interest rate hikes are being priced in as well as expectations for the Fed’s balance sheet adjustment is expected to begin shortly. Based on our data analysis, on a 3 months view, the Tech sector could still surprise on the upside.
Why Now?
TECHNOLOGY SELECT SECT SPDR has reached a new medium term low. Previously, during similar occasions, TECHNOLOGY SELECT SECT SPDR shares had a median return of +11.6%, over the following 3 months based on 8 historical occasions with 7 of those showing positive returns (88% hit ratio). This buy signal for TECHNOLOGY SELECT SECT SPDR received a high score of 8.8 (out of 10). This insight was generated on 2022-January-18 with last price of 161.78.
What’s This Company About?
TECHNOLOGY SELECT SECT SPDR is in the Sector Fund-Technology business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: XLK US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 180.6 (+11.6%) has been reached. Based on TECHNOLOGY SELECT SECT SPDR’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 159.28 (last price at 161.78), which is equivalent to a -1.5% decline.
(2) Score 7.4 (out of 10): ISHARES MSCI BRAZIL ETF sets up for +8.2% rally in 1 month
What’s Going On Here?
Investors continue to see a bumpy path for the Brazilian economy as national elections are coming closer. Stock market strategists are calling for +20% upside as risks seem partly priced in.
Why Now?
ISHARES MSCI BRAZIL ETF has reached a new shorter-term high. Previously, during similar occasions, ISHARES MSCI BRAZIL ETF shares had a median return of +8.2%, over the following 1 month – based on 10 historical occasions with 7 of those showing positive returns (70% hit ratio). This buy signal for ISHARES MSCI BRAZIL ETF received a high score of 7.4 (out of 10). This insight was generated on 2022-January-12 with last price of 28.85.
What’s This Company About?
ISHARES MSCI BRAZIL ETF is in the Country Fund-Brazil business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: EWZ .
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 31.22 (+8.2%) has been reached. Based on ISHARES MSCI BRAZIL ETF’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 27.05 (last price at 28.85), which is equivalent to a -6.2% decline.
(3) Score 8.5 (out of 10): VANECK SEMICONDUCTOR ETF poised to seasonally rally by +7.2% during the next 60 days
What’s Going On Here?
SEMICONDUCTOR companies continue to hold up well, while more speculative tech companies are struggling. The VANECK SEMI ETF actually has seen inflows this year. On Jan 5, investors allocated $+333m into this ETF.
Why Now?
VANECK SEMICONDUCTOR ETF indicates an interesting 60 days seasonal set up. During similar occasions, VANECK SEMICONDUCTOR ETF shares had a median return of +7.2% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for VANECK SEMICONDUCTOR ETF received a high score of 8.5 (out of 10). This insight was generated with last price of 306.2.
What’s This Company About?
VANECK SEMICONDUCTOR ETF is in the Sector Fund-Technology business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: SMH
What’s My Risk / Reward and Time Horizon?
We found 60 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 328.21 (+7.2%) has been reached. Based on VANECK SEMICONDUCTOR ETF’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 286.7 (last price at 306.2), which is equivalent to a -6.4% decline.
For more investment insights, please visit us at www.LongShortBets.com