Communication Services Sector December Outlook—Broad upside participation from Legacy Industries has Boosted the Sector
Surprising strength from Media and Entertainment industries has added luster to a sector typically supported by its Mag7 pillars
TMUS
Communication Services Sector November Outlook—Big Interactive Media Stocks are Taking Off Again
We like the technical setup for XLC heading into November and it is our largest position in the Elev8 model
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%,
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ETFsector.com Daily Trading Outlook, September 19, 2024
S&P Futures Surge Higher: S&P futures are up 1.6% in Thursday morning trading, following a mixed Wednesday session where US equities mostly ended lower in choppy conditions, with defensive sectors underperforming. Cyclical stocks held up better but still closed well off their intraday highs. The Russell 2000 finished slightly higher but was down nearly 2%
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XLC Communication Services SPDR September Outlook—As Mega Cap. names have consolidated other industries have seen performance improve. We start September Overweight XLC
Investors have rotated away from Mega Cap. Growth over the past 3 months, but now leave many of the bull cycle’s favorite names in buyable positions
XLC Communication Services SPDR July Outlook—META, GOOG/L and NFLX continue to pace the sector
The XLC continues to benefit from the lack of inflation and the strong bull trend behind Growth stocks. Entering July we see a continued positive environment for the sector.