Equities Wrap-Up – 2019.11.22

on on 2019.11.23


1 Comments Comments

The Week In Equities…


S&P 500 (SPY):  -0.27%
Financials (XLF):  0.57%
Energy (XLE):  -0.42%
Healthcare (XLV):  0.82%
Tech (XLK):  -0.75%
Utilities (XLU):  0.24%
Consumer Staples (XLP):  -0.05%
China (FXI):  0.46%


The rally in the S&P stalled out this week. Most likely this is just a pause, but it can definitely be hard to tell in this all-time-high environment. Financials had strength after a small sell-off midweek.  Healthcare continued upward this week, showing strength against the flat major indices.

Mostly a flat week.  In my opinion, there is probably more upside to come in equities.  The fact that bad news doesn’t seem to damage the rally too much shows there is an upside bias right now.  Be careful, though. Sentiment seems to turn quickly these days.

1 Comment

  1. Chris Heidler

    Wow. This commentary is amazing. Life-changing, even.

    Great job, Heidler!


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