The Financial Sector persists in a strong YTD uptrend and stock and industry level performance continues to show broad participation
S&P Futures Lower: S&P futures are down 0.2% in Friday premarket trading, off earlier lows. This follows Thursday’s rally, with the S&P 500 hitting a new record high, marking its 39th all-time high of 2024, and the Nasdaq posting its best session since February 2023. Mag 7 tech stocks and small caps were standouts, with
ETFsector.com Daily Trading Outlook, September 20, 2024 Read More »
The XLF has found its footing and now looks like one of the most attractive sectors within the US equity market from a technical perspective. Rotation into cyclicals due to expectations of policy easing in the 2nd half of 2024 has been a benefit and we expect it will continue to be in September
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