S&P futures are little changed Tuesday morning following a mixed Monday session where tech strength lifted the S&P 500 and Nasdaq, while cyclicals underperformed. Treasuries are weaker with curve steepening. Dollar index is down 0.2%, gold is up 0.3%, Bitcoin futures are down 1%, and WTI crude is up 1.2%. Key Themes Investors await further […]
ETFsector.com Daily Trading Outlook, December 3, 2024 Read More »
The tech-heavy Nasdaq Composite fell 1.12%, the S&P 500 dropped 0.6% and the Dow trimmed 0.39% on Wednesday. At the sector level, XLF and XLV led while XLY and XLK were the biggest laggards. Conforming to recent trends, Value and min vol. were outperforming factors on the day as they generally have been in 2024
ETFsector.com Daily Trading Outlook, August 29, 2024 Read More »
Leadership remains solidly behind Growth and Technology shares with traditional cyclical and low vol. stocks struggling to outperform
ETFsector.com Daily Trading Outlook, June 28, 2024 Read More »
XLK outperformance has persisted as inflation was not a negative event in May. We look for the outperformance trend to continue at the sector level given the absence of material headwinds and investor recognition of long-term leadership. Our new Elev8 Sector Model debuts with XLK as an OVERWEIGHT allocation of 2.92% for June
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