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ETFsector.com Daily Trading Outlook, October 22, 2024

S&P futures are down 0.5% in Tuesday morning trading, following Monday’s mostly lower session where 10 of 11 sectors declined. Rate-sensitive stocks were notable laggards, though select big tech names outperformed. Treasuries weakened, with the 10-year yield hitting its highest level since late July. The Dollar Index is down 0.1%, gold is up 0.5%, Bitcoin […]

ETFsector.com Daily Trading Outlook, October 22, 2024 Read More »

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XLB Materials SPDR September Outlook—We are seeing some positive signs from a technical perspective, but given we are in a bull market, the sector is not keeping pace

While we prefer XLB to XLE, both sectors haven’t done enough to trigger a positive allocation in our model

XLB Materials SPDR September Outlook—We are seeing some positive signs from a technical perspective, but given we are in a bull market, the sector is not keeping pace Read More »

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