S&P Futures Little Changed: S&P futures are flat in Wednesday morning trading after US equities closed higher on Tuesday, with the S&P 500 hitting its 41st all-time high of the year. China-related stocks saw strong gains on the back of fresh stimulus measures, while chemicals, industrial metals, machinery, and select multinationals also performed well. Semiconductors […]
ETFsector.com Daily Trading Outlook, September 25, 2024 Read More »
Equities pushed higher after the CPI printed a 2-handle. The 2.9% reading on the year over year CPI report led to the Dow adding 0.61%, the S&P 500 0.38% and the Nasdaq 0.03%. At the sector level, Financials led, adding 1.22% followed by the Energy and Info Tech. Sectors. Laggards included Comm. Services, Discretionary and
ETFsector.com Daily Trading Outlook, August 15, 2024 Read More »
We are remaining long XLI as it is deeply oversold near-term and tactically attractive if we see profit taking from L/T winning sectors XLK and XLC
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