Seriously, this quarter sucked out loud, (for the bears, at least, in case there are any left) and I’m glad it’s over. Here’s to a Q3 which resembles Q1 much closer than Q2. Honestly! Blech!
![](https://www.brainlesstales.com/images/2013/Nov/get-bent.jpg)
Quite plainly, all this breathless chatter about $170 billion in equities being dumped today for “re-balancing” didn’t mean dick.
![rebal](https://slopeofhope.com/wp-content/uploads/2020/06/rebal-640x77.png)
Here are some quarterly charts of major ETFs:
![slopechart DIA](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_DIA-1-640x345.jpg)
![slopechart IWM](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_IWM-640x332.jpg)
![slopechart QQQ](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_QQQ-640x332.jpg)
![slopechart SPY](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_SPY-1-640x332.jpg)
![slopechart ITB](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_ITB-640x332.jpg)
![slopechart XHB](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_XHB-640x332.jpg)
![slopechart GDX](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_GDX-640x332.jpg)
![slopechart GLD](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_GLD-1-640x332.jpg)
![slopechart SLV](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_SLV-640x332.jpg)
![slopechart SMH](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_SMH-640x332.jpg)
![slopechart XRT](https://slopeofhope.com/wp-content/uploads/2020/06/slopechart_XRT-640x332.jpg)