Several sectors rallied into the lead throughout the week, but Financials (XLF) came from behind to end the week as the top sector. On Friday, the sector added 2% on top of gains earlier in the week. The rally came as employment data was better than expected, sending Treasury yields higher and brightening the prospects for big bank performance tied to the yields. ...
Materials (XLB) was the top sector of the week as manufacturing and core durable goods data showed increase demand and was confirmed in consumer spending numbers. The growth in the sector was matched by increased prices in metal commodities required to support economic expansion. Energy (XLE) started the week strong and led several days throughout the week, but...
Utilities (XLU) dropped to the bottom of the sector list after leading in the previous week. It was all about Growth stocks this week as investors put off fears of the economy and looked forward to record earnings reports from big tech. Communication Services (XLC) led the week thanks to huge earnings beat by SNAP and Twitter. Consumer Discretionary (XLY) and...
The sectors ended the week in a very character than they started the week. None of the leading sectors early in the week were leading by the end of the week. Financials (XLF) started the week in first as investors anticipated earnings reports from big banks that began on Tuesday. By Friday, the sector slipped to the middle of the list, ending the week with a...
The short week was defined mainly by Thursday's sell-off in equities as Treasury bond yields were sliding. That gave a boost to two defensive sectors, Real Estate (XLRE) and Utilities (XLU), but the two sectors were already leading from Monday. The worries ended on Friday, but the two sectors remained in the lead for the week. Technology (XLK) and Consumer...
Technology (XLK) led the sector list this week, propelled higher by strong economic data and significant gains by big tech. Communications (XLC) led briefly on Monday after a judge threw out two cases brought against Facebook. The decision was a blow to regulators and a boon to several tech mega-caps facing similar challenges. Utilities (XLU) also led at the...
Energy (XLE) and Financials (XLF) topped the sector list this week. Energy continues to rise while crude oil prices hit record highs. Financials (XLF) is recovering along with yields on Treasury Bonds, which both were hit by the hawkish stance from the Fed last week. At the bottom of the sector list were the defensive sectors. Utilities (XLU) was the only sector...
Investors are readjusting both their thinking and positions following the Federal Reserve’s less dovish tone. The Fed raised its inflation outlook by a full percentage point and penciled in two rate hikes a year earlier than previously indicated. Fundamental analysis At the same time, the central bank lifted its growth expectations for 2021 to +7%, an outlook far...
It was a mix of defensive sectors and growth stocks at the top of the sector list this week, while the cyclical sectors took a step back. Real Estate (XLRE) led the sector list, continuing to gain on a solid housing market, higher rents, as well as a defense against potential inflation. Health Care (XLV) also rallied this week, ending the week in second place...
Energy (XLE) and Real Estate (XLRE) led the sector list for the week, establishing their lead early in the week. Energy got a boost from the rise in oil prices on high demand. Real Estate is gathering momentum from rising housing and rental prices while also being a great hedge against inflation. The focus on employment data released on Friday morning is clear in...
Growth sectors stole the show this week as investors put inflation worries aside and boosted Communications (XLC) and Technology (XLK) early in the week. The focus was on the growth sectors from Monday to Wednesday. Technology faded back in the list, buy Consumer Discretionary (XLY) joined Communications to end the week at the top of the list. On Thursday, there...
SPDR Gold Shares has entered an uptrend a while ago and looks promising, at long perspective even $224+ is possible Opinion - BUY
3950 is my target to reduce some bubble of this market
It was a mix of defensive and cyclical stocks that led the sector list this week. Only three sectors ended the week with gains, while the high growth sectors took the biggest declines. Consumer Staples (XLP) topped the list with Utilities (XLU) in fourth place. Both are defensive sectors for investors. Real Estate (XLRE) was lower in the list but still...
It was the cyclical sectors that ruled the week. Energy (XLE), Materials (XLB), Financials (XLF) and Industrials (XLI) were the top four sectors of the week. The cyclical sectors are benefiting from a pick-up in economic activity driving demand for products from building materials, infrastructure and the manufacturing of consumables. Supply has not been able to...
Energy (XLE) led the weekly sector list for the first time since the first week of March. The sector was helped by oil prices that rose on Tuesday and Wednesday, and positive earnings reports from Exxon Mobile and Chevron. Financials (XLF) and Communications (XLC) stocks solidified second and third place with strong opens on Thursday. Financials was boosted by...
The S&P 500 had a slight loss for the week, but there were two sectors that soared despite the market. Real Estate (XLRE) ended the week as the top sector, advancing over 2%. Three factors helped the sector breakout and then stay on top the whole week. The economic recovery is a boon for the real estate industry as occupancy rates climb driving demand and prices...
Utilities (XLU) is surprisingly the top sector for the day. Topping the list on Tuesday and nearing the top of the list on Friday the sector had steady gains throughout the week. The sector is usually a defensive move for investors. Perhaps investors nervousness grew as the S&P 500 has been setting new all-time highs. Less of a surprise is to see Materials (XLB)...