ETF Sector Spotlight For 04/25/2022
April 25, 2022
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Market Recap For April 25th, 2022
Sure enough, markets fell to start the week, just as expected. However, unlike Thursday and Friday, the decline was reversed.
Monday should see some follow through, but ultimately it should be a short-lived rally that leads to new lows.
Yesterday’s Sector Performance
After a rough few days, Communications Services bounced back.
Energy stocks struggled once again.
Five-Day Sector Performance
Consumer Staples is now at the top of the week.
Energy is now the biggest laggard, by far.
ETF Trade Watch
Energy Select Sector SPDR (XLE)
Consumer Staples Select Sector SPDR (XLP)
Although Energy, and the XLE, has been under a lot of pressure lately, the ETF looks like it may want to bounce back a bit.
Likewise, the XLP appears to want to rally a bit, and it certainly doesn’t hurt that it’s currently a top sector.
Good luck!
