Deeply oversold similar to XLP, but too big an allocation to go long without more evidence of positive change
Healthcare Sector November Outlook—Healthcare stocks are down and out to start November Read More »
S&P futures are down 0.2% in Monday morning trading, following last week’s gains where the Dow, S&P, and Nasdaq all extended their winning streak to six weeks, the longest in 2024. Big tech, banks, airlines, builders, retail, and utilities were standouts, while managed care, energy, machinery, chemicals, and China tech lagged. Asian markets were mixed
ETFsector.com Daily Trading Outlook, October 21, 2024 Read More »
We are near market weight in our XLV allocation for September. Model inputs have improved marginally, but the sustained consolidation in equity prices that typically catalyze performance for the sector have remained elusive
Futures dropped slightly due to a worldwide IT disruption caused by a malfunction in CrowdStrike. Earnings reports from Netflix and Intuitive Surgical had an impact on the market.
Futures dropped slightly due to a CrowdStrike glitch causing a global IT outage. Earnings from Netflix and Intuitive Surgical were significant factors.
The Dow expanded upon its all-time high on Wednesday adding 0.59% while selling in the Nasdaq Composite continued with the Tech. heavy Index off -2.77%. The broad market S&P 500 was down -1.39% as laggard Sectors led the tape. XLP led, up 1.29%, while XLE added 1.00%. XLK was a big drag on the S&P
ETFsector.com Daily Trading Outlook, July 18, 2024 Read More »
Up next: Powell’s comments, Republican Convention, profits from major banks, Netflix’s earnings
Visual: Al Drago / Bloomberg via Getty Images
Main points:
– Jerome Powell, Chair of the Federal Reserve, gives a speech
Expectations for market performance for the upcoming week Read More »
Up next: Powell’s comments, Republican Party Convention, financial results from major banks, Netflix’s earnings. Federal Reserve Chair Jerome Powell delivers remarks.
Expectations for the upcoming week in the markets. Read More »
Up next on the agenda are comments from Powell, the GOP Convention, earnings reports from major banks, and the latest financial results from Netflix. This update includes an image of Federal Reserve Chairman Jerome Powell speaking.
Anticipated events in the markets for the upcoming week Read More »
Up next: Comments from Powell, Republican Party Convention, financial results from major banks, earnings report from Netflix. Key Points: Federal Reserve Chair Jerome Powell gives a speech.
Anticipated market events for the coming week Read More »
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