S&P futures are down 0.3% Friday morning after U.S. equities rose on Thursday, with the S&P marking its fourth straight session of gains. Trump themes, cyclicals, and most-shorted names outperformed, while big tech lagged amid regulatory concerns. Stocks are on track for weekly gains following last week’s pullback. Asian markets were mixed, with sharp losses […]
ETFsector.com Daily Trading Outlook, November 22, 2024 Read More »
Equities resumed their steady march higher with the major US indices all in positive territory on the day. The S&P 500 added 0.42% while the Nasdaq was up 0.57% and the Dow gained 0.14% as the laggard on the day. The Russell 2000 advanced 1.32% after lagging the large cap. benchmarks for most of the
ETFsector.com Daily Trading Outlook, August 22, 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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