S&P futures up 0.3% Wednesday morning following Tuesday’s declines, where the DJIA posted its ninth consecutive loss, the longest streak since 1978. Weak breadth remains a key story, with S&P decliners outpacing advancers for the 12th straight session. Treasuries slightly weaker, dollar index flat, gold up 0.1%, Bitcoin futures down 2.4%, and WTI crude up […]
ETFsector.com Daily Trading Outlook, December 18, 2024 Read More »
Equities moved higher on Wednesday with a rebound in AI sentiment leading to Tech. and Nasdaq outperformance. For the day, the Nasdaq composite led the major US indices higher adding 2.17% while the S&P 500 gained 1.07 while the Dow brought up the rear advancing 0.31%. At the sector level, Tech shares paced gains up
ETFsector.com Daily Trading Outlook, September 12, 2024 Read More »
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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