Tag: Sector ETFs performance
Contrarian Or Bandwagon?
The bull market for US stocks hasn’t missed a beat this year. Despite a host of issues that could have derailed the rally, the large cap index has continued to make one new high after another. It started the year at a new high of 1,850… it made a new high just shy of 1,900 […]
Financials Lead The S&P 500 Past Important Milestone
The S&P 500 closed above 2,000 for the first time ever on Tuesday. It’s an impressive milestone for the large cap index. But most people hardly even noticed… A recent Gallup poll showed that just 7% of Americans knew that the S&P 500 was up 30% last year. Given those stats, I guess the lack […]
Utilities Sector Is Overvalued
Stocks have enjoyed a nice move to the upside this year as the economy improves, interest rates remain low, corporate earnings are strong, and stock buybacks have expanded. Coming into this week, investors’ risk appetite hadn’t changed much over the last few months. Investors are positioning themselves for an upturn in economic growth. And last […]
Don’t Be Afraid To Be Optimistic
Over the past few weeks, investors have had a lot of information to digest. There’s been the usual economic data. The most troubling was the revision to US GDP that said the US economy actually shrunk at an annualized pace of 2.9% in the first quarter… the biggest drop since 2009. The main reason for […]
Investors Are In ‘Risk On’ Mode
If you were expecting a quiet summer for stocks… you’ve been disappointed by the market’s recent performance. The ‘Sell in May and go away’ crowd is missing out on a whopper of a rally over the last month. Over the last month, the S&P 500 is up 4.3% and recently made a new all-time high […]
