March 19, 2025 S&P futures up 0.1% Wednesday morning after Tuesday’s pullback, which ended a brief two-day bounce. Big tech underperformed, with all Mag 7 stocks now down YTD and the group off more than 16%. Asian and European markets mixed. Treasuries steady, dollar up 0.4%, gold down 0.2%, and Bitcoin up 2.0%. WTI crude […]
ETFsector.com Daily Trading Outlook Read More »
S&P futures down 0.1% Friday morning after a mostly lower Thursday session. US equities are on track for a mixed weekly performance, with tech leading gains. Asian markets were mixed overnight; Hong Kong and China outperformed, while Japan and South Korea lagged. European markets are up ~0.5%. Treasuries weaker with some curve flattening. Dollar Index
ETFsector.com Daily Trading Outlook, December 6, 2024 Read More »
Technicals underpinning the current outperformance trend are strong. The backdrop of long-term sector-level underperformance makes this a very intriguing setup for the bull.
The Financial Sector persists in a strong YTD uptrend and stock and industry level performance continues to show broad participation
The XLF has found its footing and now looks like one of the most attractive sectors within the US equity market from a technical perspective. Rotation into cyclicals due to expectations of policy easing in the 2nd half of 2024 has been a benefit and we expect it will continue to be in September
