S&P futures are down 2.4% Monday morning, with Nasdaq futures off 3.5%, following last week’s rally where the S&P hit a new ATH. Asian markets were mixed, with the Nikkei and Shenzhen Composite lagging, while Hong Kong outperformed. European markets are down ~1.5%. Treasuries rallied across the curve, the dollar index is down 0.1%, gold […]
ETFsector.com Daily Trading Outlook, January 27, 2025 Read More »
US equities slightly lower in premarket trading following Thursday’s gains, where the S&P 500 hit its first ATH since December. Stocks are on track for a second consecutive week of strong gains. Asian markets mostly higher, led by Greater China, Australia, and South Korea, while Japan lagged. European markets up ~0.8%. Treasuries firmer with curve
ETFsector.com Daily Trading Outlook, January 24, 2025 Read More »
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 »
Deeply oversold similar to XLP, but too big an allocation to go long without more evidence of positive change
Healthcare Sector November Outlook—Healthcare stocks are down and out to start November Read More »
S&P futures are down 0.2% in Monday morning trading, following last week’s gains where the Dow, S&P, and Nasdaq all extended their winning streak to six weeks, the longest in 2024. Big tech, banks, airlines, builders, retail, and utilities were standouts, while managed care, energy, machinery, chemicals, and China tech lagged. Asian markets were mixed
ETFsector.com Daily Trading Outlook, October 21, 2024 Read More »
We are near market weight in our XLV allocation for September. Model inputs have improved marginally, but the sustained consolidation in equity prices that typically catalyze performance for the sector have remained elusive
Futures dropped slightly due to a worldwide IT disruption caused by a malfunction in CrowdStrike. Earnings reports from Netflix and Intuitive Surgical had an impact on the market.
Futures dropped slightly due to a CrowdStrike glitch causing a global IT outage. Earnings from Netflix and Intuitive Surgical were significant factors.
The Dow expanded upon its all-time high on Wednesday adding 0.59% while selling in the Nasdaq Composite continued with the Tech. heavy Index off -2.77%. The broad market S&P 500 was down -1.39% as laggard Sectors led the tape. XLP led, up 1.29%, while XLE added 1.00%. XLK was a big drag on the S&P
ETFsector.com Daily Trading Outlook, July 18, 2024 Read More »
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