Equities Wrap-Up – 2019.09.06
The Heidler's Equities Wrap Up

The Week In Equities

  • S&P 500 (SPY): 1.98%
  • Financials (XLF): 1.97%
  • Energy (XLE): 2.75%
  • Healthcare (XLV): 0.77%
  • Tech (XLK): 2.48%
  • Utilities (XLU): 0.51%
  • Consumer Staples (XLP): 1.19%
  • China (FXI): 3.96%

The S&P broke out of short term resistance in fairly strong fashion and looks to have some strength. A lower-than-expected jobs number this morning with low unemployment rates keeps the Fed in check and shows that America is working.

Energy had a good week, but traders are still looking for dips in crude. WTI doesn’t seem to want to rally too hard these days. Could make for good deep out of the money call premium opportunity.

Chinese stocks showed some strength with the chatter of resuming trade talks. Could be some opportunity forming here.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Become a Member Today

Related Articles

Stay Up to Date With The Latest News & Updates

Become A Member Today!

Get access to real trades in near real-time plus weekly briefs with our insight and analysis on the markets.

Not Ready to Join? Subscribe for a Free Sample!

Enter your email address below to be notified by email every time we post a new article.

Follow Us

Want to keep up with us and get notified of new articles on social media? Click below to be taken to our social media profiles where you can like, follow, or subscribe.