Energy (XLE) led the weekly sector list for the first time since the first week of March. The sector was helped by oil prices that rose on Tuesday and Wednesday, and positive earnings reports from Exxon Mobile and Chevron.
Financials (XLF) and Communications (XLC) stocks solidified second and third place with strong opens on Thursday. Financials was boosted by positive earnings reports from Capital One and S&P Global. Communications got a big lift from Alphabet and Facebook, as advertising revenues soar amidst consumers getting back to spending.
Despite several positive earnings reports in the sector, Technology (XLK) ended the week in last place. Investor outlook appears to be that these big tech companies will not continue the same amount of growth in the next few quarters, especially compared to the previous year's numbers.
Financials (XLF) and Communications (XLC) stocks solidified second and third place with strong opens on Thursday. Financials was boosted by positive earnings reports from Capital One and S&P Global. Communications got a big lift from Alphabet and Facebook, as advertising revenues soar amidst consumers getting back to spending.
Despite several positive earnings reports in the sector, Technology (XLK) ended the week in last place. Investor outlook appears to be that these big tech companies will not continue the same amount of growth in the next few quarters, especially compared to the previous year's numbers.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.