Technology Sector November Outlook: A Sour End to October Complicates the Bullish Picture
We are seeing some signs of “AI fatigue” in the stock charts that comprise the Technology Sector
PANW
ETFsector.com Daily Trading Outlook, October 9th, 2024
S&P futures are down 0.1% in Wednesday premarket trading, following Tuesday’s rally where the S&P 500 rose ~1%, led by big tech while energy lagged on an oil selloff. Asian equities were mixed, with China’s Hang Seng extending Tuesday’s selloff. European equities are mostly higher. Treasuries remain steady, and the dollar index is up 0.1%,
ETFsector.com Daily Trading Outlook, October 9th, 2024 Read More »
XLK Information Technology Sector SPDR September Outlook—We begin September long the XLK and we expect investors will eventually see this intermediate term consolidation as an accumulation opportunity
We do think there is potential for elevated volatility between now and the election, so we’ve kept our position modest this month to cover more areas of potential upside in the near term
ETFsector.com Daily Trading Outlook, June 28, 2024
Leadership remains solidly behind Growth and Technology shares with traditional cyclical and low vol. stocks struggling to outperform
ETFsector.com Daily Trading Outlook, June 28, 2024 Read More »