Diamonds ended last week with a negative weekly chart, while Spiders, transports and small caps were upgraded to neutral weekly charts, QQQ's has a positive but overbought weekly chart.
Goldman Sachs's earnings may show weaker trading/ sales results, but the company's capital markets arm should help offset any weakness. These ETFs may benefit if investors like what they hear.
The exchange traded funds Diamonds, Spiders, transports and small caps have been downgraded to negative, QQQ's remain positive but overbought, but could soon be downgraded as well.
The exchange-traded funds Diamonds, Spiders, transports and small caps have declining momentum, as QQQ's remain overbought.