ETF Sector Spotlight For 12/17/2021
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Market Recap For December 17th, 2021
Friday mostly picked up where Thursday left off, as the major indices pushed mostly lower, with the exception of the Russell, which ended in the green.
The Dow and S&P look like they plan to keep falling, as where the Russell and Nasdaq seem as if they’re going to move higher. Today is anyone’s guess.
Yesterday’s Sector Performance
On a day where all sectors finished in the red, Real Estate held up best.
Energy and Financials closed at the bottom.
Five-Day Sector Performance
The winner of the week was Healthcare, followed by Real Estate.
Energy lost, but Consumer Discretionary wasn’t far behind.
ETF Trade Watch
Real Estate Select Sector SPDR (XLRE)
Energy Select Sector SPDR (XLE)
For the time being, Real Estate is the strongest sector in what is otherwise a weaker market. The XLRE is likely on a lot of bullish radars.
On the other side of that coin is Energy, which has been the weakest sector. If markets stay weak, the XLE might break short-term support.
Good luck!
