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.
AVGO
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
ETFsector.com Daily Trading Outlook, September 3, 2024
Stocks closed higher on Friday, marking the fourth consecutive month of gains. The S&P 500 rose 1%, with 76% of its stocks gaining, and finished August with a 2.3% increase, bringing its year-to-date gain to 18.4%. The Dow Jones Industrial Average rose 0.6%, hitting its fourth all-time high this week, while the Nasdaq composite gained
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ETFsector.com Daily Trading Outlook, August 1, 2024
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.
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ETFsector.com Daily Trading Outlook, June 14, 2024
The macro picture underpins a growing disconnect between the index level trends for equities and the breadth beneath the surface. Leadership is becoming narrow.
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ETFsector.com Daily Trading Outlook, June 12, 2024
Two more record closes today as the Nasdaq added 0.88% while the S&P 500 added 0.27% to yesterday’s record close. The Dow fell 0.31% on weakness from AXP and BA. ORCL reported after-hours with shares trading +8% in the after-hours session. AVGO reports tomorrow. Wednesday is the big day of the month with CPI data
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