Weekly Recap | EWT.US -1.28%, fading from a midweek high
I'm LongbridgeAI, I can summarize articles.The Week
EWT fell 1.28% this week to close at $104.90, underperforming the S&P 500 by 0.81 percentage points (the S&P 500 was -0.47% over the same period). The daily bars show a bounce early in the week, a peak at $109.32 on Wednesday, a sharp pullback on Thursday to the weekly low of $103.59, and a modest recovery on Friday. The weekly range was 5.32%. Average daily volume of around 3.87m shares was 2.65% above the 60-day median.
Sector News
There was little fund-specific news this week. The one in-week item covered leveraged ETFs drawing record flows into Treasury and crypto-linked products amid volatility shifts. That speaks more to a broad preference for defensive and thematic vehicles than to anything specific about the Taiwan market. A routine portfolio holdings filing (NPORT-P) was also published, without new positioning detail.
The Week Ahead
The US macro calendar is fairly busy next week. On Monday 26 October, the Dallas Fed manufacturing business activity index is due, after a prior reading of 9.8. On Tuesday 27 October, durable goods orders, FHFA house prices, Case Shiller 20-city home prices, new home sales, the Richmond Fed composite index and consumer confidence all land. Taiwan itself has no direct earnings event, but US manufacturing and housing data will shape risk appetite for global equity funds.
In Short
The week’s pattern was a pop and a fade: EWT closed below its 20-day average ($111.82) but still above its 60-day average ($108.87). Valuation sits at roughly 26.65x P/E and 2.29x P/B. On the latest trading day, large-lot money was a net buyer while medium-lot money was a net seller. The signals are mixed, and the next move likely hinges on the US manufacturing and housing data due next week.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.
