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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 »

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XLF Financials SPDR Outlook—The Sector is showing strong performance, breadth and momentum characteristics and is top ranked in our Elev8 Model for September

The XLF has found its footing and now looks like one of the most attractive sectors within the US equity market from a technical perspective.  Rotation into cyclicals due to expectations of policy easing in the 2nd half of 2024 has been a benefit and we expect it will continue to be in September

XLF Financials SPDR Outlook—The Sector is showing strong performance, breadth and momentum characteristics and is top ranked in our Elev8 Model for September Read More »

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