Tag: industrials
Industrials And Health Care Lead Market Rebound
Over the last week, the S&P 500 has shaken off geopolitical concerns and moved 3% higher. Amazingly, the S&P 500 survived another pullback without breaching the 200-day moving average. In fact, the large cap index has been above this key support level for a record 435 trading days. That’s the longest stretch for the S&P […]
Industrial Sector Breakdown
We’re right in the thick of 2nd quarter earnings season. So far, companies in the S&P 500 have done a good job of beating analysts’ revenue and earnings estimates. At the end of last week, 78% of the companies in the S&P 500 that had reported beat earnings per share estimates. And today’s GDP report […]
Sector Leadership Is Shifting
I’m sure you’ve noticed, the first quarter of 2014 hasn’t been great for the stock market. The S&P 500 is up a mere 0.5%. But it’s also within 1% of the all-time high. So, it’s not the end of the world either. As the quarter comes to an end, there are some very important changes […]
Worst Performing SPDR Sector ETFs This Week – XLI, XLP, XLB
The impact of the Federal government shutdown finally hit Wall Street. The Dow Jones Industrial Average skidded to a 136 point loss yesterday. Investors are worried that the budget stalemate will spill over into the more important act of raising the debt ceiling. Nearly every economist agrees that if the US fails to meet its […]