S&P futures up 0.6% Thursday morning, starting 2025 on a positive note after a four-session decline ended 2024, with tech underperforming. European markets are mostly lower after a weak Asian session. Treasuries firmer across the curve. Dollar index up 0.2%, while gold is up 0.6%, Bitcoin futures rise 3.7%, and WTI crude gains 1.6%. Stocks […]
ETFsector.com Daily Trading Outlook, January 2, 2025 Read More »
S&P futures are up 0.4% Thursday morning after a sharp selloff on Wednesday, with the S&P posting its second-biggest decline of 2024 and the Dow falling for a 10th consecutive session. Asian markets were broadly lower overnight, while European markets are down over 1%. Treasuries are mixed with a steepening curve after Wednesday’s rate surge
ETFsector.com Daily Trading Outlook, December 19, 2024 Read More »
S&P futures up 0.2% Monday morning after two consecutive weeks of declines. Asian markets mostly higher, with South Korea leading on favorable tax news and China’s Shanghai Composite up over 1%. Japan was closed for a holiday. European markets are up ~0.3%. Treasuries strengthened, the dollar index fell 0.5%, gold is up 0.1%, Bitcoin futures
ETFsector.com Daily Trading Outlook, November 4, 2024 Read More »
Friday morning S&P futures up 0.4% after Thursday’s tech-led U.S. equity sell-off, with Nasdaq down over 2.5%—its steepest drop since early September. Treasuries are flat to weaker with curve flattening, the dollar index is up 0.2%, gold up 0.3%, Bitcoin futures down 0.3%, and WTI crude up 2% amid geopolitical tensions. Key Earnings Takeaways: Amazon
ETFsector.com Daily Trading Outlook, November 1, 2024 Read More »
We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector
S&P futures are down 0.2% in Monday morning trading, following last week’s gains where the Dow, S&P, and Nasdaq all extended their winning streak to six weeks, the longest in 2024. Big tech, banks, airlines, builders, retail, and utilities were standouts, while managed care, energy, machinery, chemicals, and China tech lagged. Asian markets were mixed
ETFsector.com Daily Trading Outlook, October 21, 2024 Read More »
Equities closed last week to the downside as the Nasdaq led shares lower off -2.55% while the S&P 500 gave up 1.73% and the Dow lost 1.01% on the day. Wrapping up the week from a sector perspective, XLP and XLRE finished the week as the only positive gainers. XLK and XLE were the source
ETFsector.com Daily Trading Outlook, September 9, 2024 Read More »
With Mag7 near-term oversold, the bull will show its hand (or not) this week.
Narrations of a Sector ETF Operator | Weekly Market Letter, September 8, 2024 Read More »
We do think there is potential for elevated volatility between now and the election, so we’ve kept our position modest this month to cover more areas of potential upside in the near term
Wednesday saw a snap back towards Semiconductor and Technology shares spurring a big day for equities. Among the large cap. indices, the Nasdaq paced the advance adding 2.64% while the S&P 500 gained 1.58% and the Dow, 0.24%. Among sectors, the XLK led on the day surging 4.24% higher on renewed strength from Semiconductor buying.
ETFsector.com Daily Trading Outlook, August 1, 2024 Read More »
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