XLF Financials SPDR – May Outlook
Sustained upside momentum from Q4 of 2023 signals a constructive re-emergence of buying power into the sector.
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XLE Energy SPDR – May Outlook
Energy stocks start out May with an improving sector chart and an oversold barrel of Oil which would appear to be a positive setup.
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XLP Consumer Staples SPDR – May Outlook
If Mega Cap. Growth remains challenged Staples are a likely haven.
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XLB Materials SPDR – May Outlook
Strong economic data would likely boost the sector in May regardless of inflation concerns.
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XLC Communication Services SPDR – May Outlook
Legacy telecom and media tries its hardest to drag down interactive media and entertainment. The latter deserve the benefit of the doubt for now.
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