Russell Top 200 Growth ETF: Short Position

iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.

The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.

5/8 update: The price action remains below the 10-day average.

3/8/ update: The price action has rolled over and short exposure should be maintained whilst the close value is below the 10-day average.

Consider the short side with a stop loss on a break above $165.

Russell Top 200 Growth ETF: Short Position

iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.

The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.

3/8/ update: The price action has rolled over and short exposure should be maintained whilst the close value is below the 10-day average.

Consider the short side with a stop loss on a break above $165.

US Earnings

June quarter earnings: The market is expecting average EPS to be down 7% compared to the same time last year.

Week 4.

Monday, July 31 – Arista Networks, Yum China, Tenet Healthcare, and Western Digital.

Tuesday, August 1 – Merck, Pfizer, Advanced Micro Devices, Caterpillar, Starbucks, Uber, and Altria.

Wednesday, August 2 – CVS Health, Shopify, PayPal, Kraft Heinz, MetLife, Humana, Skillz, and Joby Aviation.

Thursday, August 3 – Apple, Amazon, Amgen, Anheuser-Busch InBev, ConocoPhillips, Booking Holdings, Opendoor Technologies, and Wayfair.

Friday, August 4 – Enbridge, Dominion Energy, Magna International, Nikola, and fuboTV.

Week 3

Monday, July 24 – Domino’s Pizza, Whirlpool, and NXP Semiconductors.

Tuesday, July 25 – Kimberly-Clark, Microsoft, Visa, Texas Instruments, Verizon, General Electric, Alphabet, and General Motors.

Wednesday, July 26 – Meta Platforms, Coca-Cola, Union Pacific, Boeing, AT&T, Chipotle, and Thermo Fisher Scientific.

Thursday, July 27 – Mastercard, AbbVie, McDonald’s, Comcast, Ford Motor, Intel, TotalEnergies SE, and Bristol Myers Squibb.

Friday, July 28 – Exxon Mobil, Procter & Gamble, Chevron, and Centene.

Week 2.

Tuesday, July 18 – Bank of America, Novartis, Morgan Stanley, and Lockheed Martin.

Wednesday, July 19 – Goldman Sachs, Tesla, Netflix, IBM, U.S. Bancorp, United Airlines, Las Vegas Sands, and Nasdaq.

Thursday, July 20 – Johnson & Johnson, Abbott Laboratories, Taiwan Semiconductor Manufacturing, Philip Morris International, Travelers, American Airlines, Capital One, and CSX.

Friday, July 21 – American Express, Schlumberger, AutoNation, and Huntington Bancshares.

Week 1.

Thursday, July 13 – PepsiCo and Delta Air Lines

Friday, July 14 – UnitedHealth Group, JPMorgan Chase, Wells Fargo, BlackRock, and Citigroup.

Citi Group remains one of our preferred bank holdings and we’ll review the earnings in more detail, following Friday’s result.

Russell Top 200 Growth ETF: Short Position

iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.

The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.

Consider the short side with a stop loss on a break above $165.

Russell Top 200 Growth ETF: Short Position

iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.

The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.

Consider the short side with a stop loss on a break above $165.