XLE Energy SPDR July Outlook—Energy stocks and Crude have shown signs of bullish reversal in the 2nd half of June.
XLE is a preferrable exposure to XLB in our work and has triggered a tactical buy signal.
Insights
ETFsector.com Daily Trading Outlook, July 1, 2024
Please check out our monthly insights for the S&P 500 and the 11 GICS sectors as we will be posting them throughout the day on Monday as well as our Elev8 Sector Rotation Model Portfolio’s updated positioning!
ETFsector.com Daily Trading Outlook, July 1, 2024 Read More »
Elev8 Sector Rotation Model Portfolio: July Positioning & June Performance Recap
Going naked the Discretionary Sector during a month where it ended up outperforming resulted in a small loss (-20bps). We start out July with more beta in the portfolio and bigger bets on leadership sectors (XLK, XLC) given the improving status of monthly inflation gauges and continued strength in Growth oriented themes.
Elev8 Sector Rotation Model Portfolio: July Positioning & June Performance Recap Read More »
SPY July Outlook—The Bull Market for the S&P 500 Index and Growth Factor Leadership are obvious, and we are aligned with those trends for July
Price action, Fed policy and trends in US yields and global commodities prices continue to support Growth leadership and the continuation of the current bull trend for US equities
ETFsector.com Daily Trading Outlook, June 28, 2024
Leadership remains solidly behind Growth and Technology shares with traditional cyclical and low vol. stocks struggling to outperform
ETFsector.com Daily Trading Outlook, June 28, 2024 Read More »
ETFsector.com Daily Trading Outlook, June 27, 2024
XLY, Transports showing signs of life. Adding some bullish peripherals to the strong Growth stock performance that has been the foundation of this bull market
ETFsector.com Daily Trading Outlook, June 27, 2024 Read More »
ETFsector.com Daily Trading Outlook, June 26, 2024
Equities closed mixed again, with the major Large Cap. Indices reversing yesterday’s order. The Nasdaq Composite paced gains adding 1.26% while the S&P added 0.39% and the Dow finished off 0.76% as the laggard. Energy stocks surged early in the day, but couldn’t hold on to best levels, however the XLE finished positive on the
ETFsector.com Daily Trading Outlook, June 26, 2024 Read More »
ETFsector.com Daily Trading Outlook, June 25, 2024
Monday finished with the Dow leading a mixed tape. The Dow Industrials continued their positive mean-reversion behavior in the near-term adding 0.67% while the S&P 500 gave up 0.31% and the Nasdaq slipped 1.09% as investors extended NVDA’s three day slide down another 6.68%. No obvious catalyst for the sharp sell-off, but profit-taking is a
ETFsector.com Daily Trading Outlook, June 25, 2024 Read More »
ETFsector.com Daily Trading Outlook, June 24, 2024
Futures are inching higher this morning with the Dow Industrials looking to build off of a stronger end to last week. Dow Futures are up 0.25% as of this writing after adding 0.04% on Friday. S&P 500 futures are also higher, while the Nasdaq futures are off slightly this morning. The 10yr US Treasury yield
ETFsector.com Daily Trading Outlook, June 24, 2024 Read More »
Narrations of a Sector ETF Operator | Weekly Market Letter, June 23, 2024
Narrations of a Sector ETF Operator | Weekly Market Letter, June 23, 2024 I want to talk about time this week. Yes, the ubiquitous kind on which all our lives flow, but also of course the discrete kind, like the humble trading day, or the even more humble day. Depending on perspective and position, time
Narrations of a Sector ETF Operator | Weekly Market Letter, June 23, 2024 Read More »