Utilities Sector December Outlook—Utilities Have Potential Upside if Rates Roll Over
Utilities Have Potential Upside if Rates Roll Over
Utilities Sector December Outlook—Utilities Have Potential Upside if Rates Roll Over Read More »
CEG
ETFsector.com Daily Trading Outlook, November 5, 2024
S&P futures up 0.2% in Tuesday morning trading. Comes after US equities finished mostly lower in quiet, lower volume session on Monday. Banks, credit cards, power, airlines, hotels and select managed care lagged. Energy, REITs, retail, builders, autos and solar outperformed. Treasuries weaker after strengthening on Monday. Dollar index down 0.2%. Gold up 0.1%. Bitcoin
ETFsector.com Daily Trading Outlook, November 5, 2024 Read More »
Utilities Sector November Outlook—Utilities Continue in an Intermediate-term Bullish Reversal
XLU has been tracing out an intermediate-term bullish reversal over the past 6 months after lagging materially over 3 and 5yr periods. We like this setup for the sector
ETFsector.com Daily Trading Outlook, October 4h, 2024
S&P futures are up 0.3% in Friday morning trading, following a mixed Thursday session where energy, exchanges, regional banks, and department stores outperformed, while apparel, materials, and hospitals lagged. NVDA-US was a standout among the Mag 7. Treasuries were slightly weaker, the dollar index down 0.1%, gold steady, Bitcoin futures up 1%, and WTI crude
ETFsector.com Daily Trading Outlook, October 4h, 2024 Read More »
ETFsector.com Daily Trading Outlook, September 23, 2024
S&P Futures Slightly Higher: S&P futures are up 0.1% in Monday morning trading, following a strong performance last week where all major indexes rose over 1%. Mag 7 tech stocks and banks were among the top gainers. Treasuries were narrowly mixed, with the 2/10 yield curve steepening to its highest level since June 2022. The
ETFsector.com Daily Trading Outlook, September 23, 2024 Read More »
XLU Utilities Sector SPDR September Outlook—Utilities look setup to continue their 6-month outperformance trend in September
We like Utilities as a hedge against potential downsides in Growth sections of the market. The bull trend has been strong, with the S&P 500 appreciating well above its long-term expected return in 2024. With the intrinsic uncertainty of Presidential Election season upon us we see Utilities as useful add to the portfolio