The Week In Equities

S&P 500 (SPY): 0.92%
Financials (XLF): 3.79%
Energy (XLE): 3.42%
Healthcare (XLV): 0.23%
Tech (XLK): -0.42%
Utilities (XLU): 0.06%
Consumer Staples (XLP): -0.65%
China (FXI): 3.02%

There was a pretty solid short term rally in the S&P and FXI over the last week or so. It will be interesting to see how equitiesEquity is a stock or any other security representing an ownership interest. This may be in a private company (not publicly traded), in which case it is called private equity…. act going into the trade-talks next month. With the yield curve getting un-flattened, the financials showed significant strength. I wonder if this will be short-lived with all the talk of a long-term downward trend on rates.

Energy definitely caught a bid, but crude backed off toward the end of the week.