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ETFsector.com Daily Trading Outlook, January 31, 2025

S&P futures up 0.4% Friday morning after US equities rallied Thursday, with over 80% of S&P 500 stocks advancing and the equal-weight S&P rising more than 1%. Stocks remain on track for a mixed weekly performance following two consecutive weeks of strong gains. Asian markets mostly higher overnight, with Japan up for a third straight […]

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ETFsector.com Daily Trading Outlook, January 30, 2025

S&P futures up 0.4% Thursday morning after US equities closed lower Wednesday, led by big tech weakness, particularly NVDA. Asian markets were mixed in quiet trading with several markets still closed for LNY. European markets up ~0.6%. Treasuries firmer, with 10Y yields approaching 4.50%. Dollar little changed, with yen strength notable. Gold up 0.8%. Bitcoin

ETFsector.com Daily Trading Outlook, January 30, 2025 Read More »

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ETFsector.com Daily Trading Outlook, October 25, 2024

S&P futures are higher Friday morning after a mixed-to-higher close on Thursday, where the S&P 500 snapped its three-day losing streak. Tesla (TSLA) led gains on strong earnings, while software, logistics, managed care, homebuilders, and hotels outperformed. Laggards included rails, hospitals, precious metals, and ride share. Overnight, Asian markets were mixed with Greater China up,

ETFsector.com Daily Trading Outlook, October 25, 2024 Read More »

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ETFsector.com Daily Trading Outlook, October 24, 2024

S&P futures are up 0.5% in Thursday morning trading after US equities posted a third straight decline on Wednesday, the first such streak since early September. Laggards included big tech, semis, autos, retail, beverages, trucking, hotels, and industrial metals. Treasuries firmed as the curve bull flattened, and the Dollar Index fell 0.3%. Gold rose 0.7%,

ETFsector.com Daily Trading Outlook, October 24, 2024 Read More »

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ETFsector.com Daily Trading Outlook, July 31, 2024

Tech shares came under renewed pressure on Tuesday ahead of MSFT and other Mag7 earnings reports.  MSFT posted a mixed earnings release after the bell with shares off 4% in extended trading after the bell.  The negative catalyst was a miss in Azzure cloud revenue vs. very high expectations along with higher costs from ongoing

ETFsector.com Daily Trading Outlook, July 31, 2024 Read More »

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