S&P futures are up 0.4% Tuesday morning, following a mostly higher close for US equities on Monday as value and cyclicals outperformed while big tech, semis, airlines, and retail lagged. Treasuries were stable, the dollar fell 0.3%, gold was flat, Bitcoin futures rose 2.7%, and WTI crude dipped 0.7%. Key drivers include reports of a […]
ETFsector.com Daily Trading Outlook, January 14, 2025 Read More »
S&P futures down 0.3% in Tuesday morning trading after US equities finished mostly higher Monday, led again by big tech, while value lagged growth by over 100 bp. Weakness persisted in commodity equities and healthcare. Asian markets fell overnight, with South Korea, India, and China’s Shenzhen down over 1%. European markets are up ~0.2%. Treasuries
ETFsector.com Daily Trading Outlook, December 17, 2024 Read More »
S&P futures are down 0.2% Thursday morning after US equities closed mostly higher Wednesday, with big tech and semis leading gains. The Nasdaq hit another record high, surpassing 20K. Asian markets were mostly up overnight, led by Japan, South Korea, and China’s Shenzhen. European markets are slightly higher (~0.1%). Treasuries weakened, with yields up 2-3
ETFsector.com Daily Trading Outlook, December 12, 2024 Read More »
S&P futures are up 0.1% in Wednesday morning trading following Tuesday’s pullback, where big tech provided some cushion amid lagging semis, software, builders, industrial metals, and China tech. Asian markets were mixed, with South Korea and mainland China higher, Japan flat, and Hong Kong underperforming. European markets edged higher. Treasuries weakened, marking a third day
ETFsector.com Daily Trading Outlook, December 11, 2024 Read More »
S&P futures are down 0.3% Thursday morning after a mixed performance on Wednesday, where big tech and retailers lagged, but healthcare, energy, and builders outperformed. Treasuries are firmer, the Dollar index is flat with yen strength highlighted, gold is up 0.7%, Bitcoin futures rose over 3%, and WTI crude gained 1.4%. The focus is on
ETFsector.com Daily Trading Outlook, November 21, 2024 Read More »
S&P futures are down 0.3% in Tuesday morning trading after U.S. equities closed mostly higher on Monday, led by select big tech (notably Tesla) and commodity equities, while airlines and rideshare names lagged. Treasuries are rallying, the Dollar index is up 0.2%, gold is up 0.7%, Bitcoin futures rose 0.5%, and WTI crude is down
ETFsector.com Daily Trading Outlook, November 19, 2024 Read More »
We like the technical setup for XLC heading into November and it is our largest position in the Elev8 model
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 »
US equities shook off their worst week of the year to rally back on Monday with the Nasdaq leading the major indices higher up 1.58% while the S&P 500 added 1.08% and the Dow gained 0.32%. Discretionary and Info Tech. shares led the way at the sector level with XLK and XLY outperforming the S&P
ETFsector.com Daily Trading Outlook, July 23, 2024 Read More »
The XLC continues to benefit from the lack of inflation and the strong bull trend behind Growth stocks. Entering July we see a continued positive environment for the sector.
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