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ETFsector.com Daily Trading Outlook, January 24, 2025

US equities slightly lower in premarket trading following Thursday’s gains, where the S&P 500 hit its first ATH since December. Stocks are on track for a second consecutive week of strong gains. Asian markets mostly higher, led by Greater China, Australia, and South Korea, while Japan lagged. European markets up ~0.8%. Treasuries firmer with curve […]

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ETFsector.com Daily Trading Outlook, September 27, 2024

S&P Futures Down 0.1%: S&P futures are down 0.1% in Friday morning trading after US equities closed higher on Thursday, with the S&P reaching another all-time high and the Nasdaq extending its gains for a fourth consecutive session. Semiconductors, China tech, industrial metals, chemicals, and autos were standouts. Asian markets surged overnight, with Hong Kong

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XLB Materials SPDR July Outlook—Weakness across the Commodities complex has had a negative effect on the Materials Sector and has us at a 0% allocation for July in our model

XLB has fallen to new lows without any signs of positive divergence or bullish reversal at the industry level.

XLB Materials SPDR July Outlook—Weakness across the Commodities complex has had a negative effect on the Materials Sector and has us at a 0% allocation for July in our model Read More »

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