Break below 100D MA. Eying on 200D MA around 78.6% FIBO
Details in photo! What do you think? Like, Follow, Agree, Disagree!
It was a volatile week in the indexes and the sector list as investors rotated on the Fed's new hawkish stance toward inflation. Energy (XLE) led early in the week, but Technology (XLK) topped the list by the end of the week, ending the week as the only sector to hold onto gains. In second place was Consumer Discretionary (XLY). Growth stocks remained strong...
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...
Materials sector vs SPY. Metals and mining starting to look a lot better. Ive been holding FCX for months. Also have some positions in silver. Will continue to watch.
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...
Very interesting set up, Looking to sectors performance indexes it seems Materials should do well Take care at 37 but this one has a lot of potencial for this week look at the weekly chart of this stock as well this stock. has always look for profesional advise this are my guess i ´m not a profesional adviser. Trend is up, price action over...
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)...
If you kept your eyes only on big tech and growth stocks, you might have missed that many sectors had fairly good advances this week. The sector chart supports the thesis that there is an outsized rotation in progress that is presenting as a correction, but that there is still a level of support in the broader equities market. The top two sectors, Energy (XLE)...
It's a good week to take a close look at the sectors and see how the market moved around during pullbacks in the major indexes. Energy (XLE) and Financials (XLF) were joined at the hip, finding themselves at the top of the sector list on Monday and Wednesday and at the bottom of the list on Friday. However the days spent at the top were enough to allow them to...
It was a week for the cyclical stocks. Energy (XLE), Financials (XLF), Materials (XLB), and Industrials (XLI) were the only sectors to close the week with gains. That was not the case for the entire week. Communication Services (XLC) started the week with gains but faded in the last two days. Utilities (XLU) had one day as the leading sector on Thursday, but...
Energy (XLE) was back on top for the first week of February. The sector benefited from higher than expected demand in oil that also raise crude oil prices throughout the week. Technology (XLK) started the week in the lead, having a strong Monday. The Consumer Discretionary (XLY) took the lead on Tuesday. Financials (XLF) briefly moved to the top spot on...
Energy (XLE) finds itself back at the top of the sector list for the first week of 2021. It's not something you might expect as the blue wave hit US politics, which doesn't bode well for traditional energy stocks. However, crude oil is over $50 a barrel for the first time since April after Saudi Arabia surprisingly cut output. The blue wave did have some expected...
I normally publish this chart on weekly basis as part of my Week in Review work but I thought it was interesting to look at it today, in the context of the Georgia run-off election results. There is also the turmoil in DC, but that did not seem to impact the sector leaders list (the afternoon dip impacted all equally). Energy (XLE) is leading over the two days,...
The sectors took on a character we have not seen for some time. Technology (XLK) is back to leading the sectors for this week. Helped by a number of breakouts in technology growth stocks, some of those fueled by speculation in security stocks following a wide and troublesome security breach that impacted both the government and private sector. Consumer...