XLF Financial Select Sector SPDR FundWatchlist
S&P 500 Hits New 2023 Closing High to End Week in Which It Notched a Historic November
Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the ...
Market Chatter: Panera Brands Plans to Launch IPO in US in 2024
Panera Brands, the restaurant chain owned by JAB Holding, is preparing to launch an initial public offering next year, the Financial Times reported Friday, citing people familiar with the matter. Pane
According to CME Fedwatch tool, the possibility of a Dec rate hike is zero.
This means Fed fund rate will likely remain at 5.25%-5.5%
The market will then start to forward-look and anticipate when is the next rate cut.
Don’t think we will have major surprise from the minutes
$Amazon(AMZN.US)$ $NVIDIA(NVDA.US)$$Netflix(NFLX.US)$$Disney(DIS.US)$$KBW Nasdaq Bank Index(.BKX.US)$$Morgan Stanley(MS.US)$$Goldman Sachs(GS.US)$$Financial Select Sector SPDR Fund(XLF.US)$$Coca-Cola(KO.US)$$Hershey(HSY.US)$$Snowflake(SNOW.US)$
$Dow Jones Industrial Average(.DJI.US)$$SPDR Dow Jones Industrial Average Trust(DIA.US)$$CBOE Volatility S&P 500 Index(.VIX.US)$$USD(USDindex.FX)$ $iShares Russell 2000 ETF(IWM.US)$$Vanguard S&P 500 ETF(VOO.US)$$Russell 2000 Index(.RUT.US)$$Crude Oil Futures(JAN4)(CLmain.US)$$Citigroup(C.US)$$Financial Select Sector SPDR Fund(XLF.US)$$ProShares Ultra VIX Short-Term Futures ETF(UVXY.US)$
From Worst to First?
The worst performing sector year-to-date was the best performing sector today after the CPI data release. The regional banking sector was hit especially hard this year.
Smaller bank’s capital ratios came into question earlier this year when large outflows of deposits hit a few regional banks. This caused a banking scare and a big selloff in the bank related ETFs. Smaller, more...