Consumer Discretionary Sector December Outlook—Bullish Reversal Showing Upside Follow-through, We Remain Bullish on Discretionary
The consumer has shown resilience. If rates roll over, that would be an added tailwind.
The consumer has shown resilience. If rates roll over, that would be an added tailwind.
S&P futures rose 0.3% in Monday morning trading after U.S. equities rallied last week, with the Russell 2000 up over 8.5% for its best week since March 2020. The S&P 500 and Nasdaq hit new all-time highs, led by small caps, momentum stocks, regional banks, bitcoin, and software, while big tech also performed well. Laggards
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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
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Slowly progressing through a bullish reversal that started in August