Defensive sectors led throughout this week as the Market absorbed data that showed a slowing economic recovery and meeting minutes from the Fed that indicated tapering could begin this year. Utilities (XLU) and Health Care (XLV) exchanged the lead several times, and the finish was close. Utilities came out on top as a favorite place for investors to keep money...
Guidance & Growth NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million. NRG has a very compelling value proposition, a...
Materials (XLB) led the sector list for the week, getting a massive boost on Tuesday and Wednesday after the Infrastructure bill passed the Senate. Industrials (XLI) also got a boost from the bill. Financials (XLF) contented for the top spot, gaining from rising Treasury yields that positively impact performance for the sector. However, yields dropped on Friday,...
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. ...
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...
This week's dip on the AMEX:SPY revealed something important within the Sector Rotation model. For the last quarter the Sector Rotation model has been giving mixed signals following the clear predictive path it forecasted coming out of March 2020. This recent price shock provided a glimpse into where the money is moving right now!
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...
XLU looking very bullish as it breaks out of a triangle pattern along with confirming MACD.
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...
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...
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)...