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ETFsector.com Daily Trading Outlook, July 16, 2024

Equities started the new week in the positive with the Dow posting a gain of 0.53% to pace the Large Cap. benchmarks.  The Nasdaq added 0.40% while the S&P 500 moved up 0.28%.  At the sector level Energy and Financials each gained more than 1.4% while Utilities sector shares were off 2.43%, followed by the […]

ETFsector.com Daily Trading Outlook, July 16, 2024 Read More »

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XLV Healthcare SPDR July Outlook—As the S&P 500 reconfirmed its uptrend in July, XLV reconfirmed its underperformance trend

The XLV lost ground by moving sideways in June, unable to entice investors who were looking to add risk instead.  The price action has been sideways since XLV peaked in February, and with a weak start to July trading, the pattern is taking on a distributional look.

XLV Healthcare SPDR July Outlook—As the S&P 500 reconfirmed its uptrend in July, XLV reconfirmed its underperformance trend Read More »

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