ETFsector.com Daily Trading Outlook, October 3rd, 2024
S&P futures are down 0.3% in Thursday morning trading, following a mixed close for US equities on Wednesday. Semiconductors and China tech outperformed, while apparel,
S&P futures are down 0.3% in Thursday morning trading, following a mixed close for US equities on Wednesday. Semiconductors and China tech outperformed, while apparel,
The picture has finally changed for one area of ex-US equities. In short, stimulative policies out of China have reinvigorated EM share prices
S&P futures lower: S&P futures are down 0.2% in Wednesday morning trading, following a weaker Tuesday session where US equities declined. Laggards included crowded shorts,
ETFsector.com Daily Trading Outlook, October 1st, 2024 S&P Futures Slightly Lower: S&P futures down 0.1% Tuesday morning after US equities closed higher Monday, helped by
The bull trend for large cap. US equities remains intact and we are positioned for it to continue
We’ve seen enough over the intermediate term to get more constructive on the sector
The current 6-month bullish reversal comes against a backdrop of secular decline
Legacy industries have seen performance improve while heavyweight Alphabet has traded down to oversold levels
We continue to bet on the longer-term bull trend amidst sideways consolidation for the XLK
Financials underperformed in the month of September, but the bullish reversal pattern for the sector remains intact and we expect outperformance in October.
Stay updated with the latests analysis and insights from etfsector.com