XNTK News and Press, SPDR NYSE Technology From 07/25/23

2023-07-25 01:30:00 ET Summary Why the stock market gains we're seeing may not be telling the whole story. Investors may have been too focused on market capitalization in the first half. Finding opportunities in the healthcare sector. The strong market performance ...

2023-07-24 21:00:00 ET Summary The Equally Weighted S&P 500 is now up solidly for the year, while in late May that equally weighted index was down for the year. It appears that the correction in the overheated NASDAQ 100 Index has started, and a most likely target will be the ...

2023-07-22 01:15:00 ET Summary We noted in one of our recent commentaries that the very narrow leadership of a small number of mega cap tech stocks seemed to be broadening out to other corners of the market. It’s a good time to revisit this idea, partly because earnings rep...

2023-07-10 11:30:00 ET Summary Higher expected corporate earnings mask broad pressure under the surface. We see more earnings pain ahead and look for opportunities at the sector level. U.S. Treasury yields surged and stocks dipped last week. Data confirmed the U.S. labor market is...

2023-07-10 05:30:00 ET Summary Financial and tech sectors face weak comparisons from late 2022, while the energy sector faces stronger comparisons and good growth from late 2022. The 'pandemic' influence will ripple through the S&P 500 numbers through the end of 2023. Fina...

2023-07-10 04:36:00 ET Summary The forward 4-quarter estimate (FFQE) saw its quarterly bump this week, with the FFQE jumping to $230.26 from last week’s $224.01. Financials always lead off earnings season, and Q2 ’23 will be no exception, with the larger-cap financia...

2023-07-08 03:25:00 ET Summary Markets climbed in the second quarter, driven mainly by the tech rally and hopes of an imminent end to monetary tightening. However, notable risks to the rally lay ahead, including an increasingly hawkish Federal Reserve, which warrant caution from i...

2023-06-29 21:10:00 ET Summary There are some companies putting “AI” in their names, but it is not yet a huge number and they have real business reasons for doing so. Naturally, investors will look to track measures like the intensity with which firms are using AI or...

2023-06-26 07:00:00 ET Summary Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yields and associated market and economic instability. Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yield...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...