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.
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Heidler’s weekly take on the moves in Equities.
Heidler talks about the moves in A commodity is an economic good or service where the demand for it has no qualitative differentiation across a market (i.e. corn, petroleum, pork bellies, etc.) The market treats its instances as equivalent or nearly so with no regard to who produced them.... for the past week.
The Heidler’s take on the week that was in Equities.