Equities capped a strong weak with gains on Friday as the Dow paced the major indices, adding 0.24% while the Nasdaq was up 0.21% and the S&P 500 0.20%. The weekly gain was the best for the S&P 500 this year as recession fears fade in light of a slew of data that has threaded […]
ETFsector.com Daily Trading Outlook, August 19, 2024 Read More »
Equities surged higher again with the Nasdaq adding 2.34% leading the major US Indices higher and continuing to rapidly retrace declines at the beginning of the month. The S&P 500 added 1.61% while the Dow gained 1.39% with all three indices closing near the best levels of the day. At the Sector level, XLK and
ETFsector.com Daily Trading Outlook, August 16, 2024 Read More »
Equities pushed higher after the CPI printed a 2-handle. The 2.9% reading on the year over year CPI report led to the Dow adding 0.61%, the S&P 500 0.38% and the Nasdaq 0.03%. At the sector level, Financials led, adding 1.22% followed by the Energy and Info Tech. Sectors. Laggards included Comm. Services, Discretionary and
ETFsector.com Daily Trading Outlook, August 15, 2024 Read More »
Equities roared on Tuesday with the major US indices all up > 1.00%. The Nasdaq Composite paced the majors adding 2.43% while the S&P 500 gained 1.68% and the Dow up 1.04%. At the sector level XLY (Discretionary) joined XLK (Info Tech) in leading the tape with both up >2.00%. The Energy Sector was the
ETFsector.com Daily Trading Outlook, August 14, 2024 Read More »
Equities closed Monday mixed with the Dow lagging off 0.36% while the S&P 500 finished flat and the Nasdaq Composite added 0.21%. Technology Sector shares continued to move higher in the near-term retracing steep declines from the beginning of the month, while the Energy sector was also a leader on the back of a >4%
ETFsector.com Daily Trading Outlook, August 13, 2024 Read More »
ETFsector.com Daily Trading Outlook, August 12, 2024 Equities closed the week on a positive note with the major US indices notching gains. The Nasdaq continued to retrace recent declines adding 0.51% while the S&P 500 was up 0.47% and the Dow 0.13%. XLC paced the sector SPDR’s adding 0.85% While XLB was the laggard sector
ETFsector.com Daily Trading Outlook, August 12, 2024 Read More »
ETFsector.com Daily Trading Outlook, August 9, 2024 Equities whip-sawed violently higher on Thursday after Wednesday’s session finished in disappointing fashion. Better jobless claim data was cited as the bullish spark which saw the Dow add 1.76%, the S&P 500 up 2.38% and the Nasdaq Composite lead higher up 2.87%. Investors can be excused for feeling
ETFsector.com Daily Trading Outlook, August 9, 2024 Read More »
The Bear regained control on Wednesday after a hopeful open from major US indices. The Nasdaq led large cap. indices lower off -1.05% erasing yesterday’s gain while the S&P 500 and the Dow Industrials finished 0.77% and 0.60% lower respectively. At the sector level, Utilities paced the market as expected on a down day adding
ETFsector.com Daily Trading Outlook, August 8, 2024 Read More »
Buyers finally stepped in to stop the 3-day decline with the major US equity indices all closing higher on Tuesday. The S&P 500 led up 1.04% while the Nasdaq added 1.03% and the Dow 0.76%. Small and Mid-Cap. stocks also bounced with the Russell Mid-cap. and Russell 2000 Indices both gaining >1% on the day.
ETFsector.com Daily Trading Outlook, August 7, 2024 Read More »
Equities were routed again on Monday after a tough end to the previous week. The S&P 500 Index suffered its steepest 1-day decline since 2022, losing 3.00% on the day. The Dow was off 2.60% and the Nasdaq lagged, posting a decline of 3.43%. Sunday saw Goldman Sachs economists raise their recession probability call to
ETFsector.com Daily Trading Outlook, August 6, 2024 Read More »
Stay updated with the latests analysis and insights fromm etfsector.com
