Consumer Discretionary Sector November Outlook—Bullish Reversal Still Intact Despite an October Pause
Slowly progressing through a bullish reversal that started in August
TSLA
Narrations of a Sector ETF Operator | Weekly Market Letter, October 27, 2024
TSLA on the cusp of a bullish break-out, US 10yr Yields on the cusp of a bearish break-out
Narrations of a Sector ETF Operator | Weekly Market Letter, October 27, 2024 Read More »
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 »
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 »
ETFsector.com Daily Trading Outlook, October 3rd, 2024
S&P futures are down 0.3% in Thursday morning trading, following a mixed close for US equities on Wednesday. Semiconductors and China tech outperformed, while apparel, retail, autos, builders, and food/beverage lagged. TSLA-US led declines among the Mag 7 stocks. Treasuries weakened, and the dollar index rose 0.2%, with sterling under pressure due to dovish BoE
ETFsector.com Daily Trading Outlook, October 3rd, 2024 Read More »
ETFsector.com Daily Trading Outlook, September 27, 2024
S&P Futures Down 0.1%: S&P futures are down 0.1% in Friday morning trading after US equities closed higher on Thursday, with the S&P reaching another all-time high and the Nasdaq extending its gains for a fourth consecutive session. Semiconductors, China tech, industrial metals, chemicals, and autos were standouts. Asian markets surged overnight, with Hong Kong
ETFsector.com Daily Trading Outlook, September 27, 2024 Read More »
Narrations of a Sector ETF Operator | Weekly Market Letter, September 8, 2024
With Mag7 near-term oversold, the bull will show its hand (or not) this week.
Narrations of a Sector ETF Operator | Weekly Market Letter, September 8, 2024 Read More »
ETFsector.com Daily Trading Outlook, September 6, 2024
US equities closed mostly lower on Thursday, with the Dow down 0.54%, S&P 500 off 0.30%, and Russell 2000 falling 0.61%, while the Nasdaq managed a 0.25% gain. Big tech, particularly Tesla (+4.9%) and Amazon, helped the Nasdaq stay positive. Lagging sectors included machinery, healthcare distributors, biotech, chemicals, insurers, and telecom, while airlines, REITs, discount
ETFsector.com Daily Trading Outlook, September 6, 2024 Read More »
Narrations of a Sector ETF Operator | Weekly Market Letter, August 25, 2024
Company Fundamentals have been resilient despite softer economic conditions. We continue to watch the level of interest rates, believing the bull market narrative is dependent on rates staying lower to support any sustained consumer recovery.
Narrations of a Sector ETF Operator | Weekly Market Letter, August 25, 2024 Read More »
ETFsector.com Daily Trading Outlook, July 30, 2024
Equities ended Monday’s session mixed with the S&P 500 (+0.08%) and the Nasdaq Composite (+0.07%) up slightly and the Dow finishing off 0.12%. Investors treaded water waiting for consequential earnings releases from MSFT, AAPL, META and AMZN later this week with the former kicking things off tonight after the bell. Other notable co.’s reporting today
ETFsector.com Daily Trading Outlook, July 30, 2024 Read More »