Magellan Aerospace is recommended as a stock to purchase due to the increased production by Boeing and Airbus.
Magellan Aerospace is a recommended stock to purchase due to the increase in production from Boeing and Airbus.
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ETFsector.com Daily Trading Outlook, December 19, 2024
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
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ETFsector.com Daily Trading Outlook, December 18, 2024
S&P futures up 0.3% Wednesday morning following Tuesday’s declines, where the DJIA posted its ninth consecutive loss, the longest streak since 1978. Weak breadth remains a key story, with S&P decliners outpacing advancers for the 12th straight session. Treasuries slightly weaker, dollar index flat, gold up 0.1%, Bitcoin futures down 2.4%, and WTI crude up
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ETFsector.com Daily Trading Outlook, December 11, 2024
S&P futures are up 0.1% in Wednesday morning trading following Tuesday’s pullback, where big tech provided some cushion amid lagging semis, software, builders, industrial metals, and China tech. Asian markets were mixed, with South Korea and mainland China higher, Japan flat, and Hong Kong underperforming. European markets edged higher. Treasuries weakened, marking a third day
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ETFsector.com Daily Trading Outlook, October 29, 2024
S&P futures are down 0.1% in Tuesday morning trading, following a positive Monday session where around 70% of the S&P 500 advanced. Small caps, crowded shorts, non-profitable tech, regional banks, and industrial metals were strong performers, while energy lagged on weaker oil. Treasuries continued to weaken, with yields climbing. Dollar index flat, Gold up 0.3%,
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ETFsector.com Daily Trading Outlook, October 28, 2024
S&P futures are up 0.6% on Monday morning following a mostly lower week for US equities, where the S&P 500 snapped a six-week winning streak, while the Nasdaq secured its seventh consecutive weekly gain, buoyed by big tech. Asian markets were mostly positive overnight, led by Japan, which rose nearly 2% on election results. European
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Boeing’s CEO acknowledges a significant mistake in light of recent criticism.
Boeing has faced a challenging year with legal issues and government investigations stemming from incidents such as a door plug blowing off an Alaska Airlines aircraft.
Boeing’s CEO acknowledges a significant mistake in light of recent criticism. Read More »
ETFsector.com Daily Trading Outlook, October 22, 2024
S&P futures are down 0.5% in Tuesday morning trading, following Monday’s mostly lower session where 10 of 11 sectors declined. Rate-sensitive stocks were notable laggards, though select big tech names outperformed. Treasuries weakened, with the 10-year yield hitting its highest level since late July. The Dollar Index is down 0.1%, gold is up 0.5%, Bitcoin
ETFsector.com Daily Trading Outlook, October 22, 2024 Read More »
