Afternoon Note
We’ve seen this before, where rotation sees investors leave safe havens (Utilities, Real Estate and Consumer Staples) into oversold areas, including Industrials and Materials.
There is no doubt, investors are looking for value in this market. Yet, many of these same (professional) investors must also get performance this year.
S&P 500 Index |
+0.39% |
|
Communication Services (XLC) |
+0.39% |
|
Consumer Discretionary (XLY) |
0.00% |
|
Consumer Staples (XLP) |
-0.68% |
|
Energy (XLE) |
+3.49% |
|
Financials (XLF) |
+0.72% |
|
Health Care (XLV) |
-0.06% |
|
Industrials (XLI) |
+0.91% |
|
Materials (XLB) |
+0.71% |
|
Real Estate (XLRE) |
-0.89% |
|
Technology (XLK) |
+0.38% |
|
Utilities (XLU) |
-0.83% |
The financials seem to have caught the fancy of the greatest crosscurrent of investors, as there has been significant bifurcation between sector winners and losers. Asset allocators are doing well today, and regional banks are finding buyers as well.
Drilling For Value
The biggest winner today is energy where the speculation is global demand will begin to rebound. Energy is trailing big time for the year, up only 3.3% for 2019.
West Texas Intermediate (WTI) has been edging higher and breaks out with close above $58.00.
Tweet |
7/11/2025 1:45 PM | Facing Pressure |
7/11/2025 9:48 AM | CLEAR FOR TAKEOFF |
7/10/2025 1:53 PM | Small Caps Rally |
7/10/2025 9:56 AM | ENOUGH ZEN TO SHARE |
7/9/2025 1:32 PM | NVDA New Milestone |
7/9/2025 9:46 AM | PASSING THE BATON |
7/8/2025 1:33 PM | Seesaw Session |
7/8/2025 9:55 AM | MORE SUMMER BLAHS THAN FEAR OF MYANMAR'S TARIFF |
7/7/2025 1:27 PM | Trade Talks and Profit Taking |
7/7/2025 9:51 AM | LOVING MOOD |
7/3/2025 9:45 AM | NICE & STEADY AS SEMIS CONTINUE TO CHIP IN |
7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
7/1/2025 9:45 AM | FEAR OF MISSING OUT IS CREEPING IN |
6/30/2025 1:24 PM | Steady As She Goes |
6/30/2025 9:54 AM | SUMMER RALLY STARTS |
6/27/2025 1:35 PM | Reaching New Heights |
6/27/2025 9:39 AM | THERE'S MORE! |
6/26/2025 1:10 PM | S&P Approaches Record |
6/26/2025 9:51 AM | CHIPS MOMENTUM CONTINUES |
6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|