Utility stocks seem to have snuffed out any strength in bonds, and if rates keep falling, we could see a boost in the two worst-performing S&P 500 sectors this year: real estate and consumer discretionaries.
The tape is still mixed. Tech-sector stocks and cryptocurrency look good - I like it - and they could well lead stocks to new all-time highs in the weeks ahead.
Utility stocks seem to have snuffed out any strength in bonds, and if rates keep falling, we could see a boost in the two worst-performing S&P 500 sectors this year: real estate and consumer discretionaries. A nice comeback there wouldn’t surprise me.
Energy-sector stocks and bonds do not look good, though. There’s an ominous warning there, and we’ll talk about that and more right now…
Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.
Comments
Log in or sign up to join the conversation.