Technology Sector December Outlook: We Give the Sector the Benefit of the Doubt Despite Recent Consolidation
Consolidation at the sector level is getting long in the tooth, but we continue to give the Technology shares the benefit of the doubt.
ANET
ETFsector.com Daily Trading Outlook, November 11, 2024
S&P futures rose 0.3% in Monday morning trading after U.S. equities rallied last week, with the Russell 2000 up over 8.5% for its best week since March 2020. The S&P 500 and Nasdaq hit new all-time highs, led by small caps, momentum stocks, regional banks, bitcoin, and software, while big tech also performed well. Laggards
ETFsector.com Daily Trading Outlook, November 11, 2024 Read More »
ETFsector.com Daily Trading Outlook, November 8, 2024
S&P futures dipped 0.1% in Friday morning trading, following a strong Thursday where the S&P 500 and Nasdaq hit new all-time highs, led by big tech. Treasuries remained firmer after Thursday’s rebound. The dollar index was stable, gold fell 0.3%, Bitcoin futures rose 0.5%, WTI crude dropped 1.6%, and copper declined over 2%. Markets are
ETFsector.com Daily Trading Outlook, November 8, 2024 Read More »
Technology Sector November Outlook: A Sour End to October Complicates the Bullish Picture
We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector
Arista Networks, Inc. (ANET) Director Charles Giancarlo sells $765,000 in stock through a Rule 10b5-1 plan.
We created a list of important AI news that investors should pay attention to, and now we will analyze where Arista Networks, Inc. (NYSE:ANET) fits in with the rest of the AI industry.
XLK Information Technology Sector SPDR September Outlook—We begin September long the XLK and we expect investors will eventually see this intermediate term consolidation as an accumulation opportunity
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
There has been a significant outflow detected in the notable ETFs MTUM, CAT, BSX, ANET.
Symbols such as MTUM, CAT, BSX, and ANET are referenced in this story. Exchange traded funds (ETFs) are similar to stocks in that they are traded on the stock market, but investors are purchasing and selling “units” instead of traditional shares.
There has been a significant outflow detected in the notable ETFs MTUM, CAT, BSX, ANET. Read More »
