S&P futures up 0.3% Thursday morning after a strong rally Wednesday, with the S&P, Nasdaq, and R2K posting their best sessions since November 2016. Big tech, banks, builders, semis, and software led gains, supported by cooler inflation data and strong bank earnings. Asian and European markets traded higher overnight, with notable strength in Taiwan, Australia, […]
ETFsector.com Daily Trading Outlook, January 16, 2025 Read More »
S&P futures up 0.1% Tuesday morning, following a mixed start to the week where big tech and semis rallied but defensives and rate-sensitive sectors faced pressure. Treasuries slightly weaker, continuing Monday’s bear steepening. Dollar index down 0.2%, gold up 0.3%, Bitcoin futures off 1%, and WTI crude up 0.7%. Markets remain focused on NVDA’s CES
ETFsector.com Daily Trading Outlook, January 7, 2025 Read More »
Citigroup lowered their price target on Applied Therapeutics shares from $13.00 to $8.00 while maintaining a “buy” rating for the company in a report released on Friday.
S&P futures are down 0.5% in Friday morning trading, following a lower close for U.S. equities on Thursday. Small-caps, pharma, biotech, and EVs lagged, while entertainment, semiconductors, airlines, builders, and dollar stores outperformed. Treasuries are firmer, though yields remain higher for the week. The Dollar index is down 0.2% but up 1.5% for the week.
ETFsector.com Daily Trading Outlook, November 15, 2024 Read More »
The Financial Sector persists in a strong YTD uptrend and stock and industry level performance continues to show broad participation
Citigroup increased Repsol’s rating to a “strong-buy” in a report released on Wednesday.
Repsol has been upgraded to a “Strong-Buy” rating by Citigroup. Read More »
Nearly every stock experiences a day when the market is undecided on whether to buy or sell, and this recently occurred with the prominent chipmaker Taiwan Semiconductor Manufacturing on the NYSE.
Taiwan Semiconductor stock experienced a forgettable Thursday. Read More »
JPMorgan and Citigroup are predicting a 50 basis points rate cut in September.
JPMorgan and Citigroup are predicting a 50 basis point rate cut to occur in September. Read More »
The profit taking motive surfaced quickly with selling in TSLA and NVDA sparking broader redemptions in Mag7 positioning for the first time in July. The Dow led on the day adding 0.08% while big Tech and Mag7 selling contributed to a -1.95% correction for the Nasdaq while the S&P 500 was off 0.88%. With the
ETFsector.com Daily Trading Outlook, July 12, 2024 Read More »
Equities finished the holiday week on a tear with the Nasdaq pacing the advance adding 0.90% while the S&P 500 gained 0.54% and the Dow 0.17%. There was a marked contrast between winners and losers in a lightly traded session. META paced advancers at the stock level up 5.87% with GOOG, TSLA and AAPL also
ETFsector.com Daily Trading Outlook, July 8, 2024 Read More »
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