Equities started the new week in the positive with the Dow posting a gain of 0.53% to pace the Large Cap. benchmarks. The Nasdaq added 0.40% while the S&P 500 moved up 0.28%. At the sector level Energy and Financials each gained more than 1.4% while Utilities sector shares were off 2.43%, followed by the […]
ETFsector.com Daily Trading Outlook, July 16, 2024 Read More »
GS showing steady improvement while META is suddenly on the ropes.
ETFsector.com Daily Trading Outlook, July 15, 2024 Read More »
XLC on the cusp of a sell signal. As violence erupted in our politics this weekend, a call to stand together and find strength in each other!!
Narrations of a Sector ETF Operator | Weekly Market Letter, July 14, 2024 Read More »
The profit taking motive surfaced quickly with selling in TSLA and NVDA sparking broader redemptions in Mag7 positioning for the first time in July. The Dow led on the day adding 0.08% while big Tech and Mag7 selling contributed to a -1.95% correction for the Nasdaq while the S&P 500 was off 0.88%. With the
ETFsector.com Daily Trading Outlook, July 12, 2024 Read More »
We’re proud to debut a new cyclical piece, The ETFSector.com Macro Trend Signals for Sector Positioning. This piece leverages the results of historical trend studies we feature on our research page to decipher likely implications for GICS Sector returns based on historical coincident return profiles. This data is meant to provide a reference scenario for
Macro Trend Signals for Sector Positioning: July 11, 2024 Read More »
Our Long-term price projection for the S&P 500 is 6140, 9% above today’s Wednesday’s closing price. We expect any correction to be accumulated around near-term support on the chart at the 5270 level
ETFsector.com Daily Trading Outlook, July 11, 2024 Read More »
The S&P 500 and the Nasdaq added to their recent record highs up 0.07% and 0.14% respectively. The Dow again lagged off 0.13%. While the major large cap. indices ended in a familiar pecking order, the sector performance spread was a bit different with the XLF taking a leadership turn for the day adding 0.70%
ETFsector.com Daily Trading Outlook, July 10, 2024 Read More »
The Consumer Discretionary Sector has shown aggregate technical improvement at the sector level. XLY registered as a long position in our Elev8 Sector Rotation Model at the end of June, 2024 (ETFsector XLY July Outlook) and has since generated several bullish confirmation signals in our process. We will be providing trading signal updates and analysis
Trade Signal Recap: Reiterate BUY XLY, July 9, 2024 Read More »
XLF breadth was just short of a “wash out” tactical buy signal in June.
ETFsector.com Daily Trading Outlook, July 9, 2024 Read More »
Equities finished the holiday week on a tear with the Nasdaq pacing the advance adding 0.90% while the S&P 500 gained 0.54% and the Dow 0.17%. There was a marked contrast between winners and losers in a lightly traded session. META paced advancers at the stock level up 5.87% with GOOG, TSLA and AAPL also
ETFsector.com Daily Trading Outlook, July 8, 2024 Read More »
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