Consumer Discretionary Sector December Outlook—Bullish Reversal Showing Upside Follow-through, We Remain Bullish on Discretionary
The consumer has shown resilience. If rates roll over, that would be an added tailwind.
TSLA
Tactical Tuesday Large Cap. Industry Report: TSLA on the “Good” Overbought List, November 26, 2024
Our Tactical sector report looks at price action and options market indicators to evaluate potential near-term dislocations in price. This week, we’re looking at industry level performance within the S&P 500 to identify potential new leadership trends breaking out as well as laggards that might offer an oversold opportunity. S&P 500 Industry Level: Distance from
ETFsector.com Daily Trading Outlook, November 18, 2024
S&P futures are up 0.1% in Monday pre-market trading following a week where the S&P 500 lost over 2% and the Nasdaq shed more than 3%, erasing post-election gains. European and Asian equities are mostly lower, with China leading declines. Treasuries are little changed to weaker, with the curve steepening. The Dollar index is flat,
ETFsector.com Daily Trading Outlook, November 18, 2024 Read More »
ETFsector.com Daily Trading Outlook, November 5, 2024
S&P futures up 0.2% in Tuesday morning trading. Comes after US equities finished mostly lower in quiet, lower volume session on Monday. Banks, credit cards, power, airlines, hotels and select managed care lagged. Energy, REITs, retail, builders, autos and solar outperformed. Treasuries weaker after strengthening on Monday. Dollar index down 0.2%. Gold up 0.1%. Bitcoin
ETFsector.com Daily Trading Outlook, November 5, 2024 Read More »
ETFsector.com Daily Trading Outlook, November 4, 2024
S&P futures up 0.2% Monday morning after two consecutive weeks of declines. Asian markets mostly higher, with South Korea leading on favorable tax news and China’s Shanghai Composite up over 1%. Japan was closed for a holiday. European markets are up ~0.3%. Treasuries strengthened, the dollar index fell 0.5%, gold is up 0.1%, Bitcoin futures
ETFsector.com Daily Trading Outlook, November 4, 2024 Read More »
Consumer Discretionary Sector November Outlook—Bullish Reversal Still Intact Despite an October Pause
Slowly progressing through a bullish reversal that started in August
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 »