Risk ON vs Risk OFF: tickers to follow

[ET180]

Risk off: long VIX / UVXY.

 

[SunTrader]

Too vague to qualify anything as "Risk on" then. Can't help.

Yup can't. It helps to understand the basic concept of risk on/risk off to help.

 

[SunTrader]

I am creating a dashboard with a number of metrics. One of them is "Risk ON vs Risk OFF sentiment", where I follow 10 diversified tickers or asset classes that best represent each market sentiment.

This is what I got so far:

RISK ON:
1. QQQ
2. BTC
3. VWO
4. XLI
5.

RISK OFF:
1. TLT
2. GLD
3. DXY
4. XLU or XLP (either should work well)
5.

Please help me complete or improve the ticker list. Thanks!

I think both lists are fine as is.

 

[guest_trader_1]

Yup can't. It helps to understand the basic concept of risk on/risk off to help.

I guess that is aligned to your impressive TA skills

 

[Arnie]

I like BULZ for risk on. Equal weighting of all the hot tech stocks.

BERZ is the counter, but volume is weak.

https://etfdb.com/news/2021/08/18/microshares-launches-fang-etns-bulz-berz/

 

[KohPhiPhi]

I think both lists are fine as is.

Thank you SunTrader. Can you be think of one more ticker for each category to complete the list? I am looking for a 5th ticker that is not reduntant, meaning not directly correlated to the ones already in the list (like for example ARKK if I already got QQQ).

Thanks!

 

[SunTrader]

Thank you SunTrader. Can you be think of one more ticker for each category to complete the list? I am looking for a 5th ticker that is not reduntant, meaning not directly correlated to the ones already in the list (like for example ARKK if I already got QQQ).

Thanks!

Hmmm all I can think of besides what you have might be:

risk on 5. UDN

risk off 5. SQQQ

 

[nitrene]

The ultimate Risk ON indicator is issuance of IPOs and recently SPACs.

I think an indicator that the Risk ON trade is about to end is the rise and collapse of the meme stonk trade. When the current BBBY rise and collapse happens the up move is probably over.