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ETFsector.com Daily Trading Outlook, November 8, 2024

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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 »

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Technology Sector November Outlook: A Sour End to October Complicates the Bullish Picture 

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We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector

Technology Sector November Outlook: A Sour End to October Complicates the Bullish Picture  Read More »

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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

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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

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 Read More »

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